Ericsson closes acquisition of Microsoft Mediaroom

2013-09-05

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Mediaroom is the world's most deployed IPTV platform, serving almost 13 million consumer households
Acquisition confirms Ericsson as a world leader for cutting edge TV-over-IP delivery with a combined market share of around 25%
Deal represents a strategic addition to Ericsson's multi-screen offering

Ericsson (NASDAQ:ERIC) has today completed the acquisition of Microsoft's Mediaroom business and TV solution. Together with Ericsson's existing capability, the acquisition places the firm as the world's largest, by market share, and the most experienced provider of IPTV middleware technology and solutions.

As the most deployed IPTV platform, with a global market share of around 25%, Mediaroom-powered TV services are offered by nearly 60 of the world's leading operators, delivering services to almost 13 million households, and close to 24 million set top boxes, throughout the world.

http://www.ericsson.com/news/1727445