PVRLib > Cisco To Acquire Set-Top Leader Scientific-Atlanta

[ v.4] for $6.9 billion, adding the second-largest U.S. maker of set-top boxes for cable television and tapping into the growing market for Internet TV.Cisco, based in San Jose, California, will pay $43 a share, the companies said today in a Business Wire statement. The offer is 3.7 percent higher than Lawrenceville, Georgia-based Scientific- Atlanta’s closing price yesterday.

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[ Alec Saunders .LOG -- An explosive mix of VoIP, Technology, Wine, and Politics] Cisco Acquired Scientific Atlanta: According to News.com, Cisco CEO John Chambers ranks this acquisition in the top four that the company has ever done, and says the company plans to take the Scientific-Atlanta products and integrate them with Cisco’s routers and switches and home networking equipment to create an end-to-end business.

http://sramanamitra.com [Sramana Mitra on Strategy] Cisco: Inching Us to True Convergence: Cisco already has great Storage Networking technology in-house, although tailoring that down to consumer-level idiot-proofing will continue to be a challenge. The driver, of course, is that consumers would want to view, listen, communicate over multiple displays / speakers / handsets - all around the house.

Om Malik’s Broadband Bloghttp://gigaom.com [Om Malik’s Broadband Blog] Now its Cisco versus Motorola, Microsoft: The reasons for the deal are many, the most important being that the company the size of Cisco might have a tough time growing revenues ($27 billion - fiscal 2006) in line with Wall Street’s double digit expectations without acquisitions. Scientific Atlanta will have sales of around $2.1 billion in fiscal 2006) This is the kind of deal that gives shares a bit of lift.

[Zatz Not Funny. . .] Cisco Buys Scientific-Atlanta: agreed Friday to buy Scientific-Atlanta Inc., one of the largest makers of set-top boxes used by cable subscribers, in a cash deal with $6.9 billion. “Video is emerging as the key strategic application in the service provider triple play bundle of consumer entertainment, communication and online services,”

Ed Bott’s Media Centralhttp://www.edbott.com/mediacenter [Ed Bott’s Media Central] Cisco to buy Scientific-Atlanta: When I lived in Arizona, I owned a Scientific-Atlanta 8300 HD DVR, which I wrote about several times (most notably in TiVo versus MCE versus my cable company). This move puts Cisco on a collision course with Microsoft and whoever winds up buying TiVo in the next six months.

[Blog.cabledigitalnews.com] CDN Broadband Log: Daily Market Insight: Earliertoday the two Time Warner Inc. divisions unveiled a new venture, In2TV, that will offerthousands of "vintage" TV series to broadband users over the popular AOL Web site,starting sometime in January.

Blog.itvt.com[Blog.itvt.com] [itvt] Bloggit: September 23, 2005: Dulchinos: The MSO's are currently porting--in fact, most have already completed porting--their core applications, so that their EPG's, their VOD apps, and whatever interactive stuff they have at the moment, will now run on any box that has an OCAP spec. Time Warner Cable, for example, has gotten their apps running on OCAP-enabled Scientific-Atlanta boxes, and they've now also got those same applications running on the Samsung TV.

Cabledatacomnews.com[Cabledatacomnews.com] Cable Digital News: Digeo COO Bert Kolde said MSO customers Charter Communications, Adelphia Communications, Bend Cable and Sunflower Broadband have installed 100,000 Motorola set-tops with Digeo's Moxi Media Center software, and are adding 5,000 new media centers per week. Demonstrating Moxi's new user interface, Kolde argued it is the reason that "churn on Moxi systems is 30% to 40% less than other DVRs."

Dailywireless.org[Dailywireless.org] Daily Wireless - Moxi Rolls Out: Scientific-Atlanta, the leading manufacturer of DVR-equipped cable boxes, announced that shipments of dual-tuner Explorer 8000 DVR products increased by 18 percent sequentially to 306 thousand units, including 32 thousand Explorer 8000HD set-tops. Comcast Corporation said that 10 percent of its basic video customers had DVR-equipped cable boxes by the end of 2003, and that it expected that coverage to grow to 100 percent by the end of this year.

http://dhdeans.blogspot.com [Dhdeans.blogspot.com] David H. Deans Weblog - Technology Marketing and Consulting ...: MTV Networks has announced the launch of its first channel to be distributed entirely over broadband, "mtvU Uber." In addition to making the company's campus mtvU channel content available to all online, the broadband site will feature original programming like student-produced short films, music, videos, animation and webisodes. MTV and Cisco Systems have partnered to offer ten $25,000 grants to college students who develop original content for mtvU Uber.

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