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Provider: New Constructs, LLC

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Cisco Systems Inc Wins EU Approval For $5 billion NDS Acquisition From News Corp And Permira-Reuters

Tuesday, 24 Jul 2012 04:59am EDT 

Reuters reported that Cisco Systems Inc won unconditional EU regulatory approval on Tuesday for its $5 billion takeover of TV software developer NDS. NDS, which is 51% owned by private equity fund Permira and 49% by News Corp, makes software that allows cable and satellite TV companies to deliver encrypted content through televisions and other devices. 

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0.08 +0.31%
11 Jul 2014