The price tag for Ericsson's (ERIC +1.1%) purchase of Microsoft's (MSFT -0.6%) Mediaroom IPTV...
Apr 8 2013, 13:57 ET
The price tag for Ericsson's (ERIC +1.1%) purchase of Microsoft's (MSFT -0.6%) Mediaroom IPTV unit is in between the $99M Ericsson paid for network management software firm Optimi and the $234M it paid for a majority stake in the LG Nortel JV, says a company exec. Analyst Alexander Peterc points out Mediaroom complements the video assets Ericsson acquired from Tandberg. Meanwhile, chairman Leaf Johansson is striking a positive tone about 2013 mobile infrastructure demand. "I am a little more optimistic on the U.S ... Perhaps Europe too has stabilized."