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