Ericsson buys Fabrix

Electronics giant Ericsson is buying Israel’s Fabrix for $95 million.  Fabrix specializes in cloud storage and computing and network-based video delivery.  Cablevision Systems uses Fabrix to help power its network-based Multi-Room DVR product that allows customers to simultaneously record 15 shows.

http://www.multichannel.com/news/tv-everywhere/ericsson-folds-fabrix-systems/383793

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