● 01.18.09

●● Noted: Microsoft Has Money in Comcast

Posted in Finance, GNU/Linux, Google, Microsoft at 5:26 pm by Dr. Roy Schestowitz

Might as well call it “Comcastsoft”?

For quite a few months we were exploring the Microsoft-Comcast relationship and attempted to explain Comcast’s hostility towards the Web, towards GNU/Linux, towards Google, and also its sheer neglect of the law.

We already knew that Microsoft had invested a considerable amount of money in Comcast around 1997 ($1 billion). Microsoft buys love from other cable companies worldwide, but the following report suggests that while an investment in Comcast has remained since, it is currently much smaller.

Microsoft Corp. has liquidated its 7.3 percent stake in Comcast Corp.’s Class A shares, according to a Securities and Exchange Commission filing on Friday.[...]Microsoft acquired 115 million Comcast shares in 2002 as part of a deal related to Comcast’s acquisition of AT&T Broadband.

In order to explains any company’s corporate behaviour, such as its attitude towards players in other areas, partnerships like this one must be realised and remembered. █

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