Thursday, August 24, 2006

Cisco Buys Arroyo Video Solutions

Cisco Systems wants to get into the video-on-demand market. To that end, they are buying Arroyo Video Solutions Inc for just over US$90M in cash. [via Technology Review]

This is a market that by all indicators is going to explode. It isn't necessarily just IPTV (Internet Protocol TV). This is a good move by Cisco, IMHO.

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