All Things D: Cisco has confirmed that it has purchased NDS for about $5 billion in cash, plus the assumption of debt. An Israeli firm, NDS specializes in software that securely delivers video and interactive content to set-top boxes.
Before the acquisition, rumors swirled that Cisco was getting out of the set-top box business. However, the company has used the purchase as a time to reaffirm its commitment to its Videoscape platform.
Datamation is the leading industry resource for B2B data professionals and technology buyers. Datamation’s focus is on providing insight into the latest trends and innovation in AI, data security, big data, and more, along with in-depth product recommendations and comparisons. More than 1.7M users gain insight and guidance from Datamation every year.
Advertise with TechnologyAdvice on Datamation and our other data and technology-focused platforms.
Property of TechnologyAdvice.
© 2023 TechnologyAdvice. All Rights Reserved
Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.
