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Verizon Buys Intel Web TV Business

  • Gigaom, Tuesday, January 21, 2014 11:45 AM
Accelerating its digital video strategy, Verizon is buying Intel’s Web TV business, the carrier revealed in its just-released fourth quarter earnings report. And, GigaOm thinks it knows why. “Verizon’s purchase of the Intel Media assets is a fascinating story of a company that was ready to give up on TV -- until it abruptly changed course to turn on one of its former partners [Comcast] and take on one of the biggest players in the industry [again, Comcast].”

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