Fabrix Systems: Ericsson buys Fabrix Systems for $95M to help put TV on any screen

The line between TV and mobile services is blurring, and in many cases that blur in between them is a cloud.That's the logic behind Ericsson's planned $95 million acquisition of Fabrix Systems, which sells a cloud-based platform for delivering DVR (digital video recorder), video on demand and other services.The acquisition is intended to help service providers deliver what Ericsson calls TV Anywhere, for viewing on multiple devices with high-quality and relevant content for each user. Cable operators, telecommunications carriers and other service providers are seeing rapid growth in video streaming and want to reach consumers on multiple screens. That content increasingly is hosted in cloud data centers and delivered via Internet Protocol networks.To read this article in full or to leave a comment, please click here