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Cisco apparently in talks to buy NDS for $5 billion

posted onMarch 15, 2012
by l33tdawg

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. 

NDS specialises in the development of interactive systems for secure delivery of media and entertainment to digital TVs and set-top boxes and their flagship product is an encryption and conditional access system called VideoGuard. Officials at NDS in Jerusalem could not be reached for comment regarding the deal. 



Cisco NDS Industry News

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