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

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.
Comments (1)
  • Obviously, Cisco did due diligence on its $5 billion cash bet against the success of OTT (Over-the-Top-Content, i.e. Netflix and Hulu):

     

    http://bit.ly/JTYZjQ

     

    Sincerely,

     

    Brad Reese
    13 Jul 2012, 01:31 PM Reply Like
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