News Desk
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 Virtualization Journal
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.

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About Maureen O'GaraMaureen 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