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The software giant says the sale -- for slightly less than $200 million, according to a person familiar with the deal -- will allow it to focus its TV efforts on Xbox, which will be updated this year.
The software maker says Enrique Rodriguez, who had been heading the Mediaroom, Zune, and Media Center efforts, is "pursuing other interests" inside and outside Redmond.
Microsoft has virtualized its Mediaroom IPTV server software to make it less expensive for smaller service providers to deploy its technology.
The deal with Guangzhou Digital Media Group also marks the first time Microsoft's Mediaroom service is being used to do IPTV over a cable network.
Hans Vestberg is among several candidates under consideration to replace departing CEO Steve Ballmer, Bloomberg reports.
Jim Baldwin, vice president and general manager of engineering for Intel Media, has left the company to pursue other opportunities.
Rich and Ashley talk about some truly inspiring future tech on today's Tomorrow Daily.
Microsoft's head of Interactive Entertainment Business, the unit responsible for Xbox, may be Zynga's next CEO, according to AllThingsD.
A Google Glass-wearing surgeon transmits video of major knee surgery to colleagues and students. It's a first-of-its-kind moment in the US and a big step for wearable tech.
So Steve Ballmer announces a reorganization to bring more focus to Microsoft. It's almost an annual event.