Microsoft Continues Windows XP Support for Small Group and Verizon Buys Cincinnati Bell for $210M
Microsoft Corporation (NASDAQ: MSFT) officially ended its support for Windows XP. The company will however still provide paid custom support to a small group of businesses and governments. This includes the British government who can get technical support as well as critical security updates as new threats are discovered. Thousands of websites including some U.S. government sites are still hosted on Windows XP.
Microsoft Corporation develops, licenses, and supports software, services, and hardware devices. Its Windows division offers Windows operating system; Windows Services suite of applications and Web services, including Outlook.com and SkyDrive; Surface RT and Pro devices; and PC accessories. The companys Server and Tools division provides server software, cloud-based services, and solutions; and training and certification to developers and information technology professionals, as well as builds standalone and software development lifecycle tools for software architects, developers, testers, and project managers.
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Verizon Communications Inc. (NYSE: VZ) has bought the entire wireless spectrum of Cincinnati Bell for $210 million. “This transaction is an important step toward increasing focus on our growing strategic product base,” said Cincinnati Bell CEO Ted Torbeck. “It has become economically challenging for us to invest in our wireless business at the levels necessary to deliver best-in-class service to our customers. This transaction not only ensures that our customers have access to top-tier wireless service, but it also gives us increased flexibility to meet their growing demand for our Fioptics suite of products.”
Verizon Communications Inc., through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses, and governmental agencies worldwide. Its Wireless segment offers access to various wireless voice and data services comprising Internet access through smart phones and basic phones, and notebook computers and tablets; messaging services to send and receive text, picture, and video messages; and consumer and business focused multimedia applications under the Verizon Wireless brand.
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