(Reuters) - Swedish telecom equipment maker Ericsson struck a deal on Monday to buy Microsoft Corp's Mediaroom IPTV business, which makes software used by phone companies to deliver television over the Internet, making it the world's leader in a growing business. The sale marks the end of Microsoft's two-decade effort to put itself at the front of a technology shift toward internet television that did not materialize the way it expected. The world's biggest software company said it will now … [Read more...]
