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Cisco to buy video tech company NDS for about $4B

Associated Press

  March 16, 2012

Cisco Systems Inc. is buying digital video technology company NDS Group for about $4 billion to enhance its video offerings to pay-TV providers and expand in emerging markets. The purchase would be Cisco’s biggest since the company bought Norwegian teleconferencing company Tandberg in April 2010 for $3.4 billion.

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