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Ericsson to acquire Microsoft Mediaroom

Ericsson has reached an agreement with Microsoft Corp. to acquire its TV Mediaroom business. Mediaroom is situated in Mountain View, Calif. and employs an estimated 400 people worldwide.  


April 11, 2013  


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Ericsson has reached an agreement with Microsoft Corp. to acquire its TV Mediaroom business. Mediaroom is situated in Mountain View, Calif. and employs an estimated 400 people worldwide.  

“Ericsson’s vision of the Networked Society foresees 50 billion devices to be connected via broadband, mobility and cloud,” said Per Borgklint, senior vice president and head of business unit support solutions at Ericsson.

“Future video distribution will have a similar impact on consumer behavior and consumption as mobile voice has had.”

The global IPTV market is estimated to reach 76 million subscribers in 2013 with revenues of US$32 billion, growing to 105 million subscribers and US$45 billion in 2015.