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Cisco completes acquisition of NDS

- July 31, 2012 - 0 Comments

Cisco today announced it has completed the acquisition of NDS Group Ltd., a leading provider of video software and content security solutions that enable service providers and media companies to securely deliver and monetize new video experiences. NDS, which has approximately 5,000 employees, will become part of Cisco’s Service Provider Video Technology Group (SPVTG), led by Senior Vice President and General Manager Jesper Andersen.

While much has been written about this acquisition since it was announced, there’s plenty of exciting news yet to come. Over the next several months, we will begin to discuss with the industry analyst community the full impact of what it means to put together two market leaders. By combining the strengths of both companies, we have a unique opportunity to serve stakeholder across the video entertainment industry. Stay tuned for more information.

To read the full release, click here. To read Jesper Andersen’s take on the transaction, click here.

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