Cisco Buys NDS Group In $5 Billion M&A Blockbuster15 Mar, 2012
United States - March 15, 2012 - Cisco said it will acquire U.K.-based NDS Group Ltd., a video software and content security company specializing in how service providers and media companies deliver video content, for a whopping $5 billion.
It's the latest in a streak of acquisitions made by Cisco addressing service delivery of rich media, Cisco's second confirmed acquisition of 2012, and, at that purse, Cisco's largest acquisition since its $6.9 billion buy of Scientific-Atlanta in 2005.
According to Cisco, NDS uses a software platform and various services to enable subscribers to view, search and navigate digital content from various devices at any location.
For detailed information visit www.cisco.com.