Cisco to purchase DiviTech
June 10, 2008 - Cisco has signed an agreement to purchase Danish firm DiviTech, a provider of digital-service management (DSM) solutions for IPTV operators, cable providers and broadcasters.
The acquisition is intended to enhance Cisco's video-delivery strategy, and the company will integrate DiviTech's DSM solution with the Cisco ROSA network- and element-management solution to develop an end-to-end platform offering all layers of digital video management in a single modular product.
"DiviTech provides Cisco with a core team of some of the most talented engineers in the DSM market," said Dean Rockwell, Vice President and General Manager of the Digital Media business unit in Cisco's Service Provider Video Technology Group. "DiviTech's DSM platform will serve as the foundation for Cisco's continued leadership in next-generation management tools and applications for complex video networks."
Financial terms of the deal were not disclosed, and the purchase is expected to be completed in the last quarter of Cisco's fiscal 2008, which ends in July.
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