Cisco sealed a deal this week to buy another consumer-oriented technology company, this time acquiring video-on-demand player Arroyo Video Solutions for US$92 million. The Arroyo buy is representative of the dominant networking gear maker’s overall effort to connect to homes the way it has to businesses, Yankee Group Senior Analyst Zeus Kerravala told TechNewsWorld. “This is typical of their acquisition strategy — small companies that fit very specific needs they have,” he said.
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Cisco Buys Video-on-Demand Provider Arroyo
Posted by: Jay Lyman August 22, 2006 12:00 PMCisco sealed a deal this week to buy another consumer-oriented technology company, this time acquiring video-on-demand player Arroyo Video Solutions for US$92 million. The Arroyo buy is representative of the dominant networking gear maker’s overall effort to connect to homes the way it has to businesses, Yankee Group Senior Analyst Zeus Kerravala told TechNewsWorld. “This is typical of their acquisition strategy — small companies that fit very specific needs they have,” he said.