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back to article Cisco exits set-top box biz, sheds US$1.8bn of revenue

Cisco's Connected Devices Division, a purveyor of set top boxen for service providers, is off to Europe having been acquired for €550 million / US$600 million by Technicolor. The French company, formerly Thomson (as most of its customer premises equipment/set-top boxes are branded), will take on the division first created by …

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  1. PressSelect

    Cisco sale follows move to the cloud earlier this year by Arris and Charter Communications, which acquired ActiveVideo, "a company that is ahead in the business of cloud-delivered interactive services and STB virtualization." http://ow.ly/PYTMd

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