Israeli-based NDS, which develops software for multichannel television networks is apparently in advanced talks with Cisco Systems to be acquired for a mind-boggling $5 billion.
Founded in 1988 and headquartered in London, NDS is owned in part by News Corp (51%) and Permira private equity fund (49%). The deal's value is apparently 35% higher than what NDS was valued at when it delisted from the stock exchange in 2009 according to a report by Israel's Calcalist financial newspaper.
Cisco this week updated its CCNA and CCNP Security certifications to keep certificates up-to-date on new security products and best practices. The updated training addresses new trends in the workplace, such as the bring-your-own-device phenomenon as well as mobility, cloud computing and virtualization.
Cisco (NSDQ:CSCO) believes the network is where corporate security begins and ends and plans to build defenses against hackers and cybercriminals across its portfolio of networking gear, the vendor's new security executive said.
Chris Young, Cisco's first senior vice president responsible for the company's security strategy, spoke at the Cisco Media Day, held at a San Francisco hotel a few blocks away from the RSA Conference.
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