Cisco Systems has revealed plans to acquire NDS Group, paying $5 billion for the video software company as part of an effort to increase investment in its software and video services. NDS software ensures that paid digital content gets to appropriate set-top boxes, smart TVs and consumer gadgets, an ability Cisco said is essential for continuing its commitment to next-generation video services. NDS also produces software that heightens security and cuts down on piracy.
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Cisco Bets Big Bucks on TV Services With NDS Buy
Posted by: Rachelle Dragani March 16, 2012 10:32 AMCisco Systems has revealed plans to acquire NDS Group, paying $5 billion for the video software company as part of an effort to increase investment in its software and video services. NDS software ensures that paid digital content gets to appropriate set-top boxes, smart TVs and consumer gadgets, an ability Cisco said is essential for continuing its commitment to next-generation video services. NDS also produces software that heightens security and cuts down on piracy.