Hoping to quash a New York Post rumor to the contrary, a Cisco (CSCO) exec says his firm is...

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

Hoping to quash a New York Post rumor to the contrary, a Cisco (CSCO) exec says his firm is committed to the set-top box market, while adding Cisco is working with carriers to deploy its Videoscape solution for delivering cloud-based video. However, a Light Reading source also claims Cisco is shopping its set-top unit (albeit "selectively"), as it deals with growing competition and price pressure.