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Budweiser Super Bowl 2015 Ad Lost Dog is Online

Budweiser Super Bowl 2015 Ad Lost Dog is Online

Snickers Super Bowl 2015 Ad The Brady Bunch is Hysterical

Snickers Super Bowl 2015 Ad The Brady Bunch is Hysterical

Carl's Jr. Super Bowl 2015 Ad stars Charlotte McKinney

Carl's Jr. Super Bowl 2015 Ad stars Charlotte McKinney

Mophie Super Bowl 2015 Ad shows when God runs out of Power

Mophie Super Bowl 2015 Ad shows when God runs out of Power

Minions Super Bowl 2015 Ad

Minions Super Bowl 2015 Ad

Intel looking forward to sell OnCue for $500 million

Nov 25 2013, 8:51pm CST | by , in Rumors | Technology News

Intel looking forward to sell OnCue for $500 million
 
 

Intel's online pay-TV service is reportedly on sale for $500 million. Verizon among the top suitors, reports Bloomberg

Remember Intel's OnCue? Earlier this year, it was rumored that Intel was working on an Internet TV service that will compete directly with cable companies. But, for some reason, it was never launched.

Now, Bloomberg is reporting that Intel is looking forward to sell OnCue for $500 million. Interested buyers reportedly include Verizon Communications, Samsung Electronics, and Liberty Global. But according to sources, Verizon is already taking the steps in discussing the terms of the TV service with cable companies.

Intel's OnCue proffers pay-TV programming via a high-speed Internet connection. The OnCue system includes servers, set-top boxes, and apps for streaming content. The $500 million selling price should be enough to help the company recover from its loss. 

Source: Bloomberg

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