Cisco Buys China Set-Top Biz | SYS-CON AUSTRALIA

Cisco Buys China Set-Top Biz

Cisco has made yet another acquisition spending ~$44.5 million to buy the set-top box business of China’s DVN Holdings

Nov. 10, 2009 05:45 PM

Cisco has made yet another acquisition spending ~$44.5 million to buy the set-top box business of China’s DVN Holdings, giving it a toehold in China’s great and expanding cable market. Meanwhile, Tandberg isn’t going gently into the Cisco fold. Its stockholders, at least 24% of them, want more than the $3 billion 38.3% premium Cisco has offered for the world’s second-largest videoconferencing equipment maker and a strategic acquisition for Cisco.

Over 2,200 Delegates Gathered Last Week at the 4th International Cloud Computing Expo in Sta. Clara, CA

More than 50 Exhibitors and Sponsors Present at the 4th Cloud Expo held last Nov. 2,3, & 4, 2009 at Sta. Clara CA

Published Nov. 10, 2009— Reads 2,932
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About Maureen O'Gara
Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

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