Bloomberg today reported that Ericsson’s president and CEO Hans Vestberg is now in the possible candidates list which Microsoft board is evaluating for past few months. As expected, both Microsoft and Ericsson’s spokespersons declined to comment on this matter. Former Nokia CEO Stephen Elop, Satya Nadella, Tony Bates, Kevin Turner are already in the race to become the next Microsoft CEO. Bloomberg reports that many candidates were concerned about Bill Gates and Steve Ballmer sitting in Microsoft’s board with about 8% of the stock will influence the decisions made by the CEO. Microsoft board gave us the following update on the new CEO search last month, On Aug. 23, we announced that Steve Ballmer would be retiring from Microsoft within 12 months, and the Board of Directors was launching a search for a replacement, looking both externally and internally. Since then, we’ve been focused on finding the best possible person ...

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Back in April, Microsoft announced that it is selling its Mediaroom business to Ericsson in an effort to focus on Xbox LIVE TV experience. Mediaroom is the still world’s most deployed IPTV platform which is serving almost 13 million consumer. Ericsson today announced that they are completing the acquisition today to make it as world leader in IPTV solution provider. Read full press release below. 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 ...

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