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04.09.13

Microsoft is Unloading Divisions, Many Employees Leave

Posted in Microsoft at 10:58 am by Dr. Roy Schestowitz

Summary: Layoffs not needed when Microsoft can just sell away its staff, as it currently does

AMID layoffs and financial issues (Microsoft reported losses last year) there is a path of dead projects left behind. Sony-Ericsson, which already sues Android players [1, 2], is taking another part of Microsoft that Microsoft unloads:

Ericsson AB (ERICB) agreed to buy Microsoft Corp. (MSFT)’s Mediaroom business, adding software used by phone companies to deliver television over the Internet.

Mediaroom, based in Mountain View, California, has more than 400 employees globally and will help Ericsson be the largest provider of IPTV technology, with a market share of over 25 percent, Ericsson said today in a statement. The value of the deal wasn’t disclosed.

So we don’t know how much cash Microsoft raised by unloading about half a thousand employees.

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