Cisco Pays 7 Billion for Scientific-Atlanta
SAN JOSE, Calif., February 27, 2006 - Cisco Systems, Inc., today announced it has completed the acquisition of Scientific-Atlanta of Lawrenceville, Georgia. Scientific-Atlanta is a leading global provider of set-top boxes, end-to-end video distribution networks and video systems integration. This acquisition will allow Cisco to offer a world class, end-to-end data, voice, video, and mobility solution for carrier networks and the digital home. Under the terms of the agreement, Cisco paid $43 per share in cash in exchange for each share of Scientific-Atlanta, and assumed outstanding options, for an aggregate purchase price of approximately $7.0 billion, or approximately $5.1 billion net of Scientific-Atlanta’s existing cash balance.
Seems Cisco is ’somewhat bullish’ on future prospects of IPTV.. 
- Also of interest - so says the machine:
Cisco Gets ‘Any Stream to Any Screen’ with Adobe Flash
Cisco and Adobe have announced the Cisco Content Delivery System will be the first system of its type to natively support Adobe Flash streaming capabilities, in addition to traditional progressive delivery. Service providers and organizations of all types using the Cisco CDS will be able to deliver Adobe Flash PlayerRevver: Share your videos and earn money
Revver supports video creators by helping them earn money and distribute their work widely. By attaching ads to the video, creators can track their content anywhere online and make money every time a user clicks on the ad. Revver benefits creators, advertisers and viewers by enabling content to be freeFastWeb Founder Launching Babelgum
Silvio Scaglia transformed FastWeb from a start-up with a plan to bring fiber-optic cables into houses from Milan to Palermo into a company with €1.3 billion in annual sales and 1.1 million clients. Now, Scaglia, the FastWeb founder, chairman and largest shareholder, is turning his attention to a new venture,Yahoo Buys Maven Networks for $160M
As reported on eFlux Media: Applying the well-known saying: buy or you’ll be bought, Yahoo Inc. got back to business Tuesday after rejecting on Monday, Microsoft’s $44.6-billion takeover bid and announced it had purchased a broadband video start-up, Maven Networks Inc., for $160 million. Six-year-old Maven Networks, in Cambridge, Mass. includeAtomFilms Top 10 Web Videos of 2005
It was bound to happen. The obligatory end-of-year Top 10 list. CONSENT won raves across the festival circuit, and on AtomFilms. It’s comedic take on the legalities of modern love will make you laugh. HELLO is one of the sweetest love stories you’ll ever see. It’s about a tape deckLinksys IP Webcam Streams Live 640×480 MPEG4
Linksys-Cisco has announced their latest Wireless-G Pan/Tilt/Zoom Internet Web Camera with Audio the WVC200. The Internet Camera scan stream live video and audio footage through the Internet so you can watch from anywhere since the camera contains its own IP address. The camera also has a small LCD screen thatNBCOlympics.com Streaming the Games
NBC is significantly expanding its Olympics video offerings for the internet and mobile phones, a sure sign of its increased comfort with technologies that erect geographic boundaries online, however the video access will be limited to internet users in the United States. The network’s official Olympics site, NBCOlympics.com, will show for
- Time Warp
- Future :: MyABC to Deliver Free Ad Supported Web Video
- Past :: ICTV to Demonstrate Video Mosaic Solution
