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Verizon to purchase Intel Media assets

2014-01-21 15:10:29| Digital TV News

Verizon (NYSE, Nasdaq: VZ) and Intel (Nasdaq: INTC) have announced an agreement for Verizon to purchase from Intel the assets of Intel Media, a business division dedicated to the development of Cloud TV products and services.

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Intel expects to reduce workforce by 5 percent this year

2014-01-21 13:57:19| InfoWorld: Top News

Intel expects that its workforce will decline by 5 percent as it heads into a year in which revenue is likely to be flat.

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2014 Strategies And Aligned Stocks: Part 3, Intel Corp

2014-01-21 11:18:52| Industrial Machines - Topix.net

In addition, I offered eight stocks that I believe aligned themselves with these strategies: Eaton Corp, PLC , Union Pacific Corp , International Paper , Apple Inc , Energy Transfer Equity , Intel Corp , Caterpillar , and Annaly Capital Management .

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2014 Strategies And Aligned Stocks: Part 3, Intel Corp

2014-01-21 10:32:23| Railroads - Topix.net

In addition, I offered eight stocks that I believe aligned themselves with these strategies: Eaton Corp, PLC , Union Pacific Corp , International Paper , Apple Inc , Energy Transfer Equity , Intel Corp , Caterpillar , and Annaly Capital Management .

Tags: part strategies corp intel

 

Verizon plans OTT video services with Intel Media takeover

2014-01-21 10:21:00| Telecompaper Headlines

(Telecompaper) Verizon has agreed to buy Intel Media, the chipmaker's business working on online TV products and services. Verizon said it will use the acquired technology to develop next-generation video services, to deliver over its own Fios fibre network and 'over the top' to any connected device. Verizon will purchase the intellectual property rights and other assets that enable Intel's OnCue Cloud TV platform, as well as offer to employ the some 350 people working at the Intel unit. The activities will continue to be based in Santa Clara and be led by the current management team. No financial details of the takeover were disclosed. Pending regulatory approval, the deal is expected to close early in the first quarter. Once the transaction is closed, Verizon expects to integrate IP-based TV services with its Fios video service to further differentiate Fios from traditional cable TV offerings and to reduce ongoing deployment costs. Fios customers are also expected to benefit from "elegant search and discovery, interactivity and cross-screen ease of use", integrated with the Verizon LTE network.

Tags: services video media plans

 

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