Cisco To Buy Danish Video-Management Player
DiviTech Offers Digital-Service Management Platform For Video Operators
By Todd Spangler -- Multichannel News, 6/10/2008 2:00:00 PM
Cisco Systems announced plans Tuesday to acquire Denmark-based DiviTech A/S, a provider of digital-service management systems for broadcasters, cable and IPTV operators.
Financial terms of the transaction were not disclosed.
Cisco plans to fold DiviTech into the Cisco Digital Media business unit as part of the Service Provider Video Technology Group (the former Scientific Atlanta). DiviTech employees will move into Cisco's Copenhagen facility.
DiviTech's DSM technology includes a software application that lets service provider customers centrally provision and deliver localized content, such as local and regional news and on-demand video and services, within a specific geography.
Cisco plans to integrate the DiviTech product with the Cisco ROSA network- and element-management solution.
"DiviTech provides Cisco with a core team of some of the most talented engineers in the DSM market," Dean Rockwell, vice president and general manager of the Cisco SPVTG Digital Media business unit, said in a statement. "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."
The DiviTech acquisition—the 128th in Cisco's history—is subject to various closing conditions and is expected to close in Cisco's fourth quarter of fiscal year 2008.
