View Full Version : Microsoft to take over ITV Digital ! (Xcandy.co.uk)

04-29-2002, 05:58 AM
Microsoft to take over ITV Digital ! (Xcandy.co.uk)

Ok its a bit offtopic but we think it needs to be known !

Microsoft has emerged as one of several firms attempting to assemble a consortium to take over the wreckage of ITV Digital.

The US software giant is believed to be one of several parties showing a serious interest in buying the firm's assets and has requested information packs from administrators Deloitte & Touche.

The administrators will meet at least one consortium over the next two days, and an announcement could come as early as Wednesday.

The exact composition of the Microsoft consortium was still being negotiated this weekend, but it is believed to include a telecoms infrastructure provider, and there is speculation that BT could be involved. A number of venture capital firms, keen to back ITV Digital managing director Rob Fyfe, have also expressed an interest.

From Xcandy.co.uk

04-29-2002, 06:08 AM
Ok, is this really relavent to us Xbox owners or the gaming market? Off Topic lounge would be better. Perhaps you can explain what affect this should have if it goes through? I'm not sure I know what exactly this would mean. Since you took the time to post this we might as well discuss it.

04-29-2002, 08:01 AM
It could have some relevance pertaining to XBOX online.

04-29-2002, 08:06 AM
Yes it definately could ! - Hugh_Jass

Think of the possibilities !!!!