Microsoft Buys Web Tv -

: The definitive agreement was announced on April 6, 1997 , and the acquisition was completed on August 1, 1997 .

: It provided a platform to promote core products like the Windows operating system and Internet Explorer browser. Technology and Evolution microsoft buys web tv

Microsoft's acquisition of WebTV Networks Inc. in was a landmark $425 million deal that signaled the tech giant's first major push to dominate the living room by merging the internet with television. The Deal and Strategy : The definitive agreement was announced on April

: The deal was valued at approximately $425 million in a combination of cash and stock. Strategic Intent : microsoft buys web tv

: Microsoft aimed to reach the 50% of U.S. households that did not own a PC but did own a television.