Microsoft Buys Web Tv »

: CEO Bill Gates viewed the partnership as a way to deliver "emerging forms of digital broadcasting" to consumers.

: Shortly after the acquisition, Microsoft unveiled an improved "Plus" version with a 1.1GB hard drive and a TV tuner for picture-in-picture browsing. microsoft buys web tv

: The deal was valued at approximately $425 million in a combination of cash and stock. Strategic Intent : : CEO Bill Gates viewed the partnership as