Fergie's Tech Blog

Cisco Buys Video-on-Demand Start-Up

Marguerite Reardon writes on C|Net News:

Networking equipment maker Cisco Systems is set to announce Tuesday that it will spend $92 million to buy a small software start-up called Arroyo Video Solutions to ready itself for the new age of on-demand TV viewing.

Arroyo, which has facilities in California and Utah, has developed software that aims to help cable operators and phone companies deliver a more flexible video-on-demand service.

posted by Fergie @ 8/21/2006 09:31:00 PM