If Only Cisco Were So Smart In Digital Signage
Adrian J Cotterill, Editor-in-Chief
Cisco Systems said on Thursday it will buy NDS Group, a developer of software for multichannel television networks, for USD 5 billion.
This is a REALLY smart buy to compliment their Scientific Atlanta purchase from a few years back. Cisco obviously wants to be a big player in TV to consumer and hospitality.
NDS was founded in Israel in 1988 and headquartered in London, NDS is 51% owned by private equity fund Permira and 49% by News Corporation so it’s also (probably) much needed cash for Mr Murdoch and friends as well.
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