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News Alert: Cisco Acquires Scientific-Atlanta
In-Stat/MDR, Nov 2005, Pages: 2
In a deal that created a huge amount of buzz in the broadband and pay-TV industries, Cisco Systems Inc. announced last Friday that it had reached a definitive agreement to purchase Scientific-Atlanta, a leading vendor of cable TV infrastructure equipment. The announcement ended months of speculation about Scientific-Atlanta, which had been rumored to be 'on the block' and taking offers from potential suitors.
This News Alert provides details of the acquisition as well as the 'Our Take' as to why this particular 'mega-merger' makes some solid sense. Also included is the Worldwide Digital Television Household Forecast (Households in Millions).
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