Monday, December 16, 2013

"Verizon wants television startup Intel buy '- NUzakelijk

The U.S. telecommunications company Verizon is close to an acquisition of online TV service OnCue, a startup parent company Intel.

© AFP

sources say that Saturday against new office Bloomberg .

The announcement of the acquisition would be next week already happening. According to insiders, the discussions between the parties are certainly in October.

Intel was beginning to want to sell, this year known OnCue rather than to invest and develop.

startup itself

Verizon, the second largest telecommunications company in the United States, wants to use OnCue to complement its existing TV services.

Competition

According to Bloomberg would purchase U.S. television industry may shake because cable companies and satellite companies are in fierce competition to get.

lot

OnCue is specially designed for any type of high-speed Internet, so watching TV is no longer tied to physical internet cables.

In November, Intel would OnCue for 500 million dollars (370 million euros) of the hand to do. In the same month, Liberty Global, UPC’s parent company, would have shown interest for OnCue.

By: NUzakelijk

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