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. Continue reading “Cisco Revamps its Video Strategy, Buys NDS for $5BN”