Intel to sell online TV ops to Verizon

Intel (INTC) has agreed to sell its online TV unit - which never got off the ground - to Verizon (VZ).

The terms were undisclosed, although past media reports have mentioned a sum of $500M.

Verizon will obtain the unit's intellectual property rights and it will offer jobs to around 350 staff. (PR)

From other sites
Comments (1)
  • bd4uandu
    , contributor
    Comments (2074) | Send Message
    Maybe they should throw in a few Ultrabooks also.
    21 Jan 2014, 08:40 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs