FYI Television Acquired By Ericsson

Grand Prarie, Texas-based FYI Television, is being acquired by Ericsson, the companies said over the weekend, to help Ericsson bolster its content discovery and video efforts. Financial terms of the buy were not disclosed. FYI Television provides television metadata and television scheduling data information, and other content, and has approximately 150 employees. Ericsson said that FYI Television's employees will become part of its Business Line Broadcast & Media Services unit. FYI Television's data is what drives and updates on-screen, television viewing guides and schedules.