Thursday, February 23, 2006

EU Clears Cisco's Acquisition of Scientific Atlanta

An AFP newswire article, via Yahoo! News, reports that:

EU regulators cleared a 6.9-billion-dollar takeover by US networking giant Cisco Systems of US cable set-top box maker Scientific-Atlanta

The EU competition watchdog found that there was only limited overlap between the two countries activities in Europe and that the deal would not limit opportunities for competitors.

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