Cisco to Purchase Danish Video Technology Company

SAN JOSE, Calif.

Cisco Systems announced plans to purchase Danish digital video technology company DiviTech A/S, aiming to boost its expansion from network equipment to software and video.

Terms of the deal, which are expected to close in Cisco’s fourth quarter that ends in late July, were not disclosed.

DiviTech offers media broadcasters, cable and Internet Protocol Television (IPTV) service providers an interface for creating, modifying and managing video networks. Cisco plans to integrate DiviTech into its Digital Media business unit as part of the Service Provider Video Technology Group.

DiviTech’s Dynamic Service Management (DSM) platform includes a software application that will allow service provider customers to centrally provision and deliver content, such as local and regional news and on-demand video and services within a specific geography.

“DiviTech provides Cisco with a core team of some of the most talented engineers in the DSM market,” says Dean Rockwell, vice president and general manager of the digital media business unit in Cisco’s Service Provider Video Technology Group. “DiviTech’s DSM platform will serve as the foundation for Cisco’s continued leadership in next-generation management tools and applications for complex video networks.”

DiviTech employees will move into Cisco’s Copenhagen, Denmark facility.

If you enjoyed this article and want to receive more valuable industry content like this, click here to sign up for our FREE digital newsletters!

Security Is Our Business, Too

For professionals who recommend, buy and install all types of electronic security equipment, a free subscription to Commercial Integrator + Security Sales & Integration is like having a consultant on call. You’ll find an ideal balance of technology and business coverage, with installation tips and techniques for products and updates on how to add to your bottom line.

A FREE subscription to the top resource for security and integration industry will prove to be invaluable.

Subscribe Today!

Get Our Newsletters