Verizon to Acquire Intel Media Assets; Terms Not Disclosed
January 21, 2014 at 05:38 AM EST
Verizon Communications (NYSE, Nasdaq: VZ ) and Intel (Nasdaq: INTC ) today 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. The transaction will accelerate the availability of next-generation
