Cisco Announces Agreement to Acquire DVN Set-Top Box Business

November 2, 2009 - 3 Comments

Cisco today announced a definitive agreement to acquire the set-top box business of DVN (Holdings) Limited.  Listed in Hong Kong with major operations in China, DVN is a market and technology leader in digital cable solutions in China and shares Cisco’s vision of a high-performance, scalable and services-rich cable interactive platform extending into every home. 

In addition to the acquisition, Cisco has entered into a go-to-market alliance with the remainder of the DVN organization in order to utilize the company’s middleware and advanced applications as well as integration and support services. 

Full release here.

Cisco Vice President of Corporate Development Hilton Romanski discusses why this acquisition and alliance make sense for Cisco:

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  3. Is Cisco getting to big for it’s britches?Today I had a VG248 fail, the same VG248 that Cisco replaced per my contract early in October. I was informed today that Cisco will not stand behind the VG248 they sent as replacement, that I would have to purchase an additional contract for $480 to cover the unit.Are they getting to big?