French media technology conglomerate Technicolor has agreed to purchase Cisco's customer premises equipment (CPE) division for $602 million, a move delivers a second burst of consolidation to the fast-declining pay-TV set-top industry.
Midcontinent Communications will deploy Cisco's cBR-8 converged cable access platform (CCAP) across its entire footprint, as the cable company looks to ramp up multi-gigabit Internet products built around DOCSIS 3.1.
Cisco committed to investing $150 million (€134 million) in UK Internet of Things (IoT) start ups as part of a broader plan to pump $1 billion into the country's digital economy.
Cisco is acquiring privately held MaintenanceNet for $139 million, enhancing its cloud portfolio with a set of software data analytics and automation to manage renewals of recurring customer contracts.
Cisco has made an investment in 6WIND, a networking software vendor with a focus on network functions virtualization and software defined networking. Coinciding with the visit this week between Cisco CEO John Chambers, his replacement Chuck Robbins, and France's President Francois Hollande, the investment is part of a broader initiative to commit $100 million to help French businesses innovate.
Another standards group has been formed to accelerate the adoption of wireless Internet of Things technologies. Called the Wireless IoT Forum, the group's board includes Accenture, Arkessa, BT, Cisco, Telensa and WSN. The group joins at least five other standards groups, including the Industrial Internet Consortium, the Allseen Alliance, Thread and the Open Interconnect Consortium, that have been created to streamline the IoT space.
Cisco has reached an agreement to acquire OpenDNS, a provider of cloud-based security solutions for $635 million, a move that will enhance its security services capabilities.
General Motors expects to begin testing new technology from Cisco Systems to share spectrum between vehicle-to-vehicle and Wi-Fi systems, a GM executive told U.S. lawmakers.
Although the optical equipment market is becoming increasingly fractured between companies that are focused on one of three markets--traditional service providers, competitive service providers or Internet content providers--three companies are leading the way. According to the 2015 IHS Infonetics Optical Network Hardware Vendor scorecard, which profiles the top vendors in this space, Ciena, Cisco and Infinera have the strongest market presence and momentum.
The enterprise session border controller (eSBC) market may have taken a sequential 11 percent hit in the first quarter of 2015, but an IHS report says that new growth is on the horizon. As more enterprises move to replace their VoIP gateways, IHS forecast that the eSBC segment will grow at a 6 percent compound annual growth rate from 2014 to 2019.