Saturday, September 20, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft Offers iPhone Users 30 GB of Free Storage
New Tizen Device Coming in India
Samsung Launches My Knox App For Latest Mobile Device
Android L To Support Encryption By Default
Microsoft Outlines Basic Elements Of Direct3D 12
New GeForce WHQL Driver Released
Panasonic and Leica Expand Partnership Agreement
Acer Brings 4K2K Displays With NVIDIA G-SYNC to The US
Active Discussions
Yamaha CRW-F1UX
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
 Home > News > General Computing > Cisco A...
Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, July 25, 2005
Cisco Acquires KiSS Technology For $61 Million


Cisco Systems today announced an agreement to acquire Danish CE manufacturer KiSS Technology in a $61m cash and stock deal.

KiSS develops networked entertainment devices and has a product portfolio that includes home video products such as networked DVD players and networked DVD recorders.

KiSS?s technology platform has the capability to extend to other consumer electronics products and will help Linksys develop a networked entertainment product suite.

This represents Cisco?s second acquisition for its Linksys division, a provider of VoIP, wireless and networking hardware for home, Small Office/Home Office (SOHO) and small business environments.

Under the terms of the agreement, Cisco will pay approximately $61 million in cash and stock in exchange for all shares of KiSS Technology.

?As more and more entertainment content is delivered over the Internet and as consumers demand access to digital entertainment inside and outside of their home networks, networked entertainment devices will become an integral part of Consumer Electronics,? said Charles Giancarlo, Cisco Chief Technology Officer and Cisco-Linksys president. ?KiSS has emerged as a leader in networked video and audio products in Europe and we hope to use that expertise to expand worldwide.?

This acquisition follows Cisco?s core strategy of using acquisitions to build new technologies and speed time-to-market for its products. Linksys is the largest vendor of media adapters that allow users to access music and images stored on a desktop PC on a television through a wireless connection. Such adapters could offer internet television and video on demand services in the future.

Linksys will continue to support and sell KiSS?s existing products in Europe. Over time Linksys also plans to develop a suite of targeted products for other world markets.

KiSS was founded in 1994 and has 65 employees. Upon close of the acquisition, the KiSS team will be integrated into Linksys.


Previous
Next
Longhorn Is Watching You        All News        ASUS Launches Silent Thermal Solution for Latest Graphics Cards
Longhorn Is Watching You     General Computing News      Microsoft Names Next Windows "Vista"

Get RSS feed Easy Print E-Mail this Message

Related News
DVD programming and recording via the Internet and the cell phone
KiSS DVD Players now support Nero Digital files
KiSS Technology introduces networked TVs for the Digital Home
KiSS Technology introduces DP-600 DVD-player for High Definition Windows Media Video
Interview with Kiss Marketing Manager: Bo Lustrup
Kiss DP-1504 review added
New hardware reviews online
KiSS Technology introduces DP-1500
Kiss demonstrates DVD player with ethernet/DivX support at CeBIT
How to make KiSS DVD DP-450/DP-500 region free (RPC-1)!
Worlds first DVD-player to support Ogg Vorbis
CES Exhibition - Streaming video in DVD-quality on a DSL

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .