Tag Archives: Cisco Systems

Cisco Acquires Video Software Company NDS For $5 Billion


Cisco Systems Inc. has acquired NDS, an Israeli video systems company, for $5 billion. The deal was made in cash plus debt assumption. About 51% of NDS is currently owned by private equity company Permira and 49% by News Corp. NDS was trading publicly on the NASDAQ until they went private in 2009. The acquisition price is believed to be 35% higher of what the company was trading for at the time.
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Cisco Systems Starting A Cloud Computing Strategy Called CloudVerse


Cisco Systems, Inc. (NASDAQ:CSCO) has announced that they are launching a new cloud computing strategy called CloudVerse. The CloudVerse framework will combine data center operational software and cloud applications.
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Cisco Acquires Microsoft Office Collaboration Plugin Company Versly


Cisco Systems, Inc. (NASDAQ:CSCO) has acquired a private San Francisco based company called Versly. Versly has integrated collaboration capabilities within Microsoft Office applications through a plug-in. Versly’s application allows people to collaborate around documents, spreadsheets, presentations, and e-mail.
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Cisco Accused Of Aiding Repression Against Falun Gong Spiritual Group In Lawsuit


Cisco Systems, Inc. (NASDAQ:CSCO) is being accused of designing a surveillance system that allow the government in China to monitor and suppress the Falun Gong spiritual group according to a lawsuit filed against the networking and voice company. The lawsuit was filed in the Federal District Court for the Northern District of California in San Jose.
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Cisco Shutting Down Flip Video Camera Business After Acquiring It For $590 Million


Cisco Systems, Inc. (NASDAQ:CSCO) is shutting down the Flip video camera business. Cisco acquired Pure Digital Technologies about two years ago. About 550 employees in the Pure Digital division will be laid off as part of the restructuring. Cisco said that they are planning to keep supporting Flipshare customers that upload media to the web.
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Photo Of Silicon Valley Tech Titans and President Obama


The White House has uploaded some images on Flickr of President Barack Obama’s meeting with the tech titans of Silicon Valley. This photo symbolizes how the meeting went. The meeting was about how these executives plan to support entrepreneurship, increase exports, and strengthen the economy. The executives in this picture includes:
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President Obama Meeting With Major Silicon Valley CEOs Today


President Barack Obama is making a trip to Silicon Valley today and is meeting with some major tech CEOs. The names of the executives that he is meeting was revealed by the L.A. Times. The meeting will be about supporting entrepreneurship, increasing exports, strengthening the economy, etc. Below is the list of people that he is meeting:
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Cisco To Acquire Inlet For $95 Million


Cisco Systems Inc. (NASDAQ:CSCO) is acquiring digital video technology company Inlet Technologies for $95 million. This is Cisco’s way of expanding the router and enterprise telecommuting business. Inlet designs software for video streaming and digital encoding and some of their customers include ABC, HSN, MLB, Microsoft, MTV, NBC, and Yahoo! The deal is expected to close in the first half of 2011.

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Linksys E4200 Dual-Band Router Has 6 Antennas


Cisco has announced a new router called the Linksys E4200 router. The E4200 has 6 antennas and dual-band wireless-N. The 6 antennas are internal and external which can shoot at 450Mbps at 5GHz, or 300Mbps at 2.4GHz. The E4200 costs $180 and will be available in a few months. The E4200 also has four Gigabit Ethernet ports.

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Cisco Videoscape To Take On Google TV


Cisco Systems, Inc. (NASDAQ:CSCO) announced Videoscape at CES. Videoscape is a set-top box that streams video, which means that it is a Google TV and Apple TV competitor. Cisco also has a Videoscape Media Gateway that can stream local video content across all of your devices. Below is the full press release:
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