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.. ![]()
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 Player
Video: Loan modifications buried in blizzard of paperwork
Despite the Obama administration’s touting of the $50 billion loan modification program, more borrowers have dropped out of the program than have received help. NBC’s Lisa Myers reports. (Nightly News)
Video: Who owns Facebook and its 500 million users?
The ubiquitous social networking site recently hit the half-billion membership mark, but with this milestone come more legal troubles over the ownership of the site. CNBC’s Scott Cohn reports. (Today Show)
Video: White House names ‘Race to the Top’ finalists
Sec. of Education Arne Duncan on Tuesday named 18 states and the District of Columbia as finalists in the Dept. of Education's "Race to the Top" competition for a share of $3.4 billion in education aid. NBC's Brian Williams reports. (Nightly News)
SWASHBUCKLE – ASK THE ADMIRAL – Season 2 Episode 2
SWASHUCKLEs Admiral Nobeard talks the latest ass kicking records in ASK THE ADMIRAL! Season 2 Episode 2: Blind Guardian - At The Edge Of TimeAuthor: NuclearBlastRecordsTags: Swashbuckle Ask admiral nobeard captain crash ride commodorere drum back noose cruise ship terror crime always pays blind guardian edge time Posted: 01
Do They Know It’s Christmas? (2008 CEO Remix)
Do They Know It's Christmas? (2008 CEO Remix). This holiday season, remember those who are less fortunate - like the CEOs who might not get their big fat bonuses. CEO-AID is here to help with their benefit single, "Do They Know It's Bonus Time?" No internet sensation is safe
Revver: 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 free
AtomFilms 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 deck
FastWeb 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. include