Cisco Revamps its Video Strategy, Buys NDS for $5BN

Cisco simply announced the most recent multi-billion acquisition within the IT industry: they’ve revealed their plans to shop for out NDS cluster, a supplier of video streaming technology, for a powerful $5 billion.

Cisco had many video-related initiatives up till a couple of months ago, when it pulled the plug on its Flip unit and additional recently, asserting that it’ll now not be shipping any new umi videoconferencing units. Nevertheless video remains an enormous focus for Cisco within the enterprise sector, and this latest development appears to require things to an entire new level.

NDS names British Sky Broadcasting and DirecTV among its high profile purchasers, and is majority owned by Permira, the opposite forty nine % owned by News Corp. the corporate currently has concerning five,000 staff.

“Our strategy has continually been driven by client would like and on capturing market transitions,” says John T. Chambers, Cisco’s chief government. “Our acquisition of NDS fits squarely into this strategy, enabling content and repair suppliers to deliver new video solutions that leverage the cloud and drive new monetization opportunities and repair differentiation.”

Cisco is expanding within the video sector, and nearer to its home turf additionally. the corporate recently launched the third version of its USC all-in-one enterprise box – technology that generates lots of revenue for the corporate, however is facing competition from alternative vendors similar to everybody else.

Cisco’s competitors also are branching out to industries bordering with their core networking business – Juniper is one among them. It acquired Mykonos for $80 million, a maker of security software that may block even zero-day exploits by targeting the hacker instead of the malicious code. Mykonos took this a step additional by adding advanced tracking functionality to its giving, therefore enterprises will pin down the supply of the attack.