Microsoft says it will invest in the Netherlands' largest cable company, the day after announcing plans to take a stake in UK cable company NTL.
The software giant said it will purchase $300 million worth of share in United Pan European Communications (UPC) during the cable company's initial public offering on the Amsterdam and Nasdaq stock markets.
Both the NTL deal (see Newswire 25 January) and the UPC deal place Microsoft in a strong position to influence the development of digital TV, Internet and interactive services over European cable networks.
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