Microsoft Buying WebTV — On 06-Apr-97, Microsoft announced a surprising $425 million dollar stock and cash deal to buy WebTV Networks, Inc., makers of the WebTV set-top box that enables users to surf the Web via their television (see TidBITS-367). Already a content provider with efforts like MSN and MSNBC, WebTV also gives Microsoft a strong foothold in an emerging online consumer electronics market and – perhaps more importantly – may let Microsoft control key patents relating to set-top box design and software technology. [GD]
Subscribe today so you don’t miss any TidBITS articles!
Every week you’ll get tech tips, in-depth reviews, and insightful news analysis for discerning Apple users. For 28 years, we’ve published professional, member-supported tech journalism that makes you smarter.
Registration confirmation will be emailed to you.