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Verizon and Intel reach Agreement on Intel Media Assets

Terms of the deal are unknown

Jan 21 2014, 12:00pm CST | by

11 Updates
Verizon and Intel reach Agreement on Intel Media Assets
 
 

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Verizon and Intel reach Agreement on Intel Media Assets

Verizon and Intel have reached an agreement that will see Verizon purchasing Intel Media assets and IP having to do with the Intel OnCue Cloud TV platform. Verizon says that the purchase will help it to accelerate the availability of the next generation of video services including FiOS network services and content delivered over the top to any device.

Brian Krzanich, CEO of Intel Corporation, said: "Intel Media's over-the-top TV products are truly innovative and under Verizon's ownership have the potential to change how people interact with content. The critical factor in gaining efficient access to content is based on your ability to scale quickly in subscribers and end users, which is why selling these assets to Verizon makes perfect sense, with its millions of FiOS network and wireless customers. This sale also enables Intel to further align our focus and resources around advancing our broad computing product portfolio in segments ranging from the Internet-of-Things to data centers."

Verizon will get all IP and other assets that go with the OnCue platform. Terms of the sale have not been disclosed. Previously, the deal was rumored to be worth around $500 million. The deal is subject to customary closing conditions and is expected to close in Q1 2014.

Lowell McAdam, chairman and CEO of Verizon, said: "The OnCue platform and team will help Verizon bring next-generation video services to audiences who increasingly expect to view content when, where and how they want it. Verizon already has extensive video content relationships, fixed and wireless delivery networks, and customer relationships in both the home and on mobile. This transaction provides us with the capabilities to build a powerful, capitally efficient engine for future growth and innovation. We will have the opportunity to enhance, expand, accelerate and integrate our delivery of video products and services to better serve audiences on a wide array of devices."

 

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Source: Truth Dig

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Source: Truth Dig   Full article at: Truth Dig 20 hours ago, 11:02am CDT
 


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Update: 10

O'Reilly: Threats To America Grow, Obama "Has Failed Dismally"

Source: Real Clear Politics

BILL O'REILLY: In a provocation the White House has not seen since the Vietnam War, the Russian dictator Putin is trying to humiliate Barack Obama. Apparently, the Russians have now violated the 1987 missile treaty by testing a new type of cruise missile. Also, Putin continues to attack Ukraine as military units inside Russia are firing rockets into that besieged country. Want more? Russian allies continu ...
Source: Real Clear Politics   Full article at: Real Clear Politics 22 hours ago, 9:13am CDT
 

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Update: 9

An Apple Support Page Hinted At A New iMac And Mac Mini — Then The Listings Were Removed

Source: The Business Insider

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Source: The Business Insider   Full article at: The Business Insider 23 hours ago, 7:55am CDT
 

Update: 7

Review: Dell PowerEdge T20 Mini Tower Server

Source: Tech.co.uk

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Update: 6

Apple accidently reveals a new Mac Mini!

Source: Fifth Gear

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Update: 5

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Source: BetaNews

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Update: 3

“Mac Mini (Mid 2014)” briefly appears in Apple support document

Source: Ars Technica

Proof of a new Mac Mini or simple misprint? Apple's not saying. Andrew Cunningham An interesting development today for people watching for an update to Apple's Mac Mini desktop: Apple's support document for its Boot Camp drivers and software for Windows briefly listed a heretofore unannounced "Mac Mini (Mid 2014)." 9to5Mac first spotted the entry after it was added to the page yeste ...
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Update: 2

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Source: TechRadar UK

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Source: TechRadar UK   Full article at: TechRadar UK 1 day ago, 3:42pm CDT
 

Update: 1

Mac mini ‘mid 2014′ model listed on Apple support page, could indicate product refresh coming soon

Source: 9to5Mac

  Apple seems to have inadvertently referenced a new model of Mac mini on an Apple Support page. The page was last modified yesterday, presumably to include information on the new MacBook Pro’s but instead lists “Mac mini (Mid 2014)” as a supported machine. There is a possibility that this is simply a human error on Apple’s part, of course, confusing the Mac Pro and the Mac Mini updates. There haven’t really been rumors of a new Mac mini being in the works, but due t ...
Source: 9to5Mac   Full article at: 9to5Mac 1 day ago, 2:21pm CDT
 

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<a href="/latest_stories/all/all/3" rel="author">Shane McGlaun</a>
Leading our review center, Shane McGlaun (Google) knows technology inside out. His extensive experience in testing computer hardware and consumer electronics enable him to effectively qualify new products and trends. If you want us review your product, please contact Shane.
Shane can be contacted directly at shane@i4u.com.

 

 

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