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.
