Microsoft is set to expand its digital TV interests with a $400 million offer for a stake in US Internet service company Road Runner.
According to US reports, the software giant will take a 20 per cent stake in the company owned by Time Warner after similar offers from Intel and Oracle were turned down. Microsoft stepped in with a "significantly better" offer at the last minute, which sparked off high level talks late last week.
Road Runner has 75,000 Internet customers using cable modem technology and is currently integrating with another Internet access service company Media One Express. Experts believe that IT giants are keen to get into cable TV companies as they upgrade their networks for digital TV.
A representative for Microsoft declined to comment.
Yeah, sorry about all that, simpers Zuckerberg
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