Cisco Buys DiviTech of Denmark (CSCO)

Investing

Published: June 10, 2008 7:07 am

Cisco Systems (NASDAQ: CSCO) is acquiring Denmark-based DiviTech A/S, which is noted as a leader in the digital-service management (DSM) market with a solution that offers media broadcasters, cable and Internet Protocol Television (IPTV) service providers an intuitive interface for creating, modifying and managing video networks. This acquisition is to further enhance Cisco’s video-delivery strategy.

Its technology includes a software application that allows service provider customers to centrally provision and easily deliver localized content, such as local and regional news and on-demand video and services, within a specific geography.

Cisco will integrate DiviTech’s DSM product with the industry-leading Cisco ROSA network- and element-management solution to create an end-to-end platform that offers all layers of digital video management in a single modular product.

The acquisition is expected to close in Cisco’s Q4-2008 and financial terms of the deal were not undisclosed. As far as the scope of this, this would be likely considered another acquisition for a piece in the toolbox rather a game changer or entirely new business segment.

Jon C. Ogg
June 10, 2008

In 20 Years, I Haven’t Seen A Cash Back Card This Good

Credit card companies are at war, handing out free rewards and benefits to win the best customers. A good cash back card can be worth thousands of dollars a year in free money, not to mention other perks like travel, insurance, and access to fancy lounges. Our top pick today has pays up to 5% cash back, a $200 bonus on top, and $0 annual fee. Click here to apply before they stop offering rewards this generous.

Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.