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Tuesday, August 22, 2006 10:51:10 PM
'Video is only the start.'
CSCO
$21.24
+0.33 +1.6%
Released : Tuesday, August 22, 2006 7:14 PM
Networking giant Cisco Systems will pay $92 million for Arroyo Video Solutions, a small privately held video-on-demand (VOD) company with some big customers.
Cisco, which bought set-top maker Scientific-Atlanta in November, will integrate Arroyo's on-demand software into its routers.
This will allow it to bring on-demand content to the Web and mobile phones, as well as the television screen, according to Cisco.
"The industry is quickly evolving from pure video-on-demand to anything on-demand with any content delivered to any end device," said Michelangelo Volpi, senior vice president and general manager for Cisco's routing and service provider technology group, said in a statement.
--> link --> http://www.macroworld.net/m/mw.asp?lp=S&qv=33301
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