Thursday, March 15, 2012

Cisco Acquires NDS for $5B

Calcalist reports that "Former Israeli company NDS, which operates a large R&D center in Jerusalem, is in advanced acquisition talks with information technology giant Cisco, Calcalist reported Thursday. The company, which develops software solutions for multi-channel television networks and is owned by the Premira fund and News Corp, is expected to finalize the sale within days in a mega-deal estimated at $5 billion".

NDS also develops solutions for OTT/Internet TV.

See "Cisco set to buy NDS for $5B" - here.

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