NDS Acquisition Leads the Way in Q3
Cisco’s $5 billion acquisition of NDS paid dividends in the vendor’s third quarter as service provider video revenues hit $1.29 billion, up 30% year-over-year, and represented a 10.6% slice of Cisco’s revenue pie.
The quarterly surge was “driven largely by NDS,” Cisco chairman and CEO said on Wednesday’s earnings call. He said the integration of NDS, a company that specializes in video software, security, and product integration services, “continues to go well.”