Cisco Wraps Up $95 Million Inlet Technologies Acquisition

Cisco (NASDAQ: CSCO) has finalized its acquisition of privately-held Inlet Technologies for $95 million.

The Raleigh, N.C.-based firm focuses on Adaptive Bit Rate digital media processing platforms and will provide a boost to Cisco’s Videoscape TV platform offering.

According to Cisco, “Inlet brings to the firm a strong team that understands the complexities of delivering ABR video over IP networks to any device.¬†With the close of the acquisition, Inlet employees become part of Cisco’s Service Provider Video Technology Group.”

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