Home / M&A Activity / Cisco Wraps Up $95 Million Inlet Technologies Acquisition

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.”

Check Also

boeing logo

Brett Gerry Named Boeing Japan President; Marc Allen Comments

Brett Gerry, formerly vice president and general counsel of Boeing‘s (NYSE: BA) commercial airplanes division, has …

acquisition

Honeywell Closes Buy of Space Hardware Maker Com Dev; Tim Mahoney Comments

Honeywell (NYSE: HON) has completed its purchase of spacecraft and satellite equipment producer Com Dev International …

Subscribe to our Newsletter
I will subscribe later