Microsoft announced last week it is to buy TV Internet company WebTV Networks. The Silicon Valley company develops TV systems that can surf the Web.
Microsoft has made it clear that it intends to glue together personal computing and on-line information with TV transmissions which are due to be launched in the US next year. At the same time Microsoft, along with IBM and Compaq, will set about persuading the TV broadcasters to adopt a new set of standards for Internet transmission.
WebTV will remain at its HQ in Palo Alto, and will become a subsidiary of Microsoft.
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