The EU is expected to unconditionally approve Cisco's (CSCO) $5B acquisition of set-top box...

|About: Cisco Systems, Inc. (CSCO)|By:, SA News Editor

The EU is expected to unconditionally approve Cisco's (CSCO) $5B acquisition of set-top box software firm NDS, Reuters reports. NDS, 49%-owned by News Corp. (NWS, NWSA), stands to improve the reach of company's set-top box/cable infrastructure business in emerging markets, and could also bolster Cisco's efforts to deliver cloud video solutions to pay-TV providers.