And memory lane...
WIRED News, 4/7/97
As a major broadcasting industry conference kicks off in Las Vegas, Microsoft made a typical splash by announcing its US$425 million acquisition of WebTV Networks, the Palo Alto company that delivers the Net to ordinary TVs.
"We've been planning for some time to use Windows CE across a number of appliances," Microsoft senior product manager Alan Yates said Monday. "The more we evaluated WebTV, the more we saw how well it would fit with our plans."
The move is Microsoft's nimble attempt to outmaneuver its rivals in the digital television goldrush. The software giant is aggressively moving to push — and dominate — the developing merger of PCs and televisions. The purchase of WebTV, which lets users get email and browse the Web on a TV set, will position Microsoft to penetrate the home-television market, which includes 98 percent of American homes.
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