Cisco to spend $5 billion for set-top box software maker
Cisco Systems has signed a $5 billion deal to buy set-top box software developer NDS, the companies said today.
NDS, based in the U.K., sells its software platform along with a combined service platform to video service providers. The products allow video providers to deliver a service that easily lets people view, search, and navigate video content at anytime from anywhere.
Cisco plans to use NDS software and services to enhance development of Videoscape, its own video platform for paid TV providers. The company said the NDS acquisition should help it expand into emerging markets, such as China and … Read more
