Cisco to Acquire TV Software Developer NDS for $5 Billion
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Cisco on Thursday announced plans to acquire NDS Group, which develops software for television networks, for $5 billion.
NDS, which was founded in Israel in 1988 and is headquartered in London, develops software and services "that make enjoying TV anywhere, anytime and on any device a possibility," according to the company's website. Its solutions allow pay-TV providers to deliver digital content to TVs, DVRs, PCs, mobile and other multimedia devices. The company also makes solutions to protect digital content so that only paying subscribers can access it. »read more
More at: PC Magazine Add additional source
Filed in: TVsCisco