Cisco buys video-on-demand start-up

Iria · Aug 22, 2006, 05:49 AM

Source: News.com
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Networking equipment maker Cisco Systems is set to announce Tuesday that it will spend $92 million to buy a small software start-up called Arroyo Video Solutions to ready itself for the new age of on-demand TV viewing.

Arroyo, which has facilities in California and Utah, has developed software that aims to help cable operators and phone companies deliver a more flexible video-on-demand service.

Aug 22, 2006, 05:49 AM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 89	Cisco buys video-on-demand start-up Source: News.com _______ Networking equipment maker Cisco Systems is set to announce Tuesday that it will spend $92 million to buy a small software start-up called Arroyo Video Solutions to ready itself for the new age of on-demand TV viewing. Arroyo, which has facilities in California and Utah, has developed software that aims to help cable operators and phone companies deliver a more flexible video-on-demand service.