Lei feng's network on July 23, Technicolor SA, based in Paris agreed to pay about $ 600 million acquisition of Cisco set-top-box business. Cisco has invested heavily to buy set-top box company, the deal marks Cisco will bid farewell to the set-top box market. Cisco said the company will continue to sell products for operators, and willing to cooperate with Technicolor to develop video and broadband technologies.
Technicolor is France old electronics manufacturer Thomson. In 2001, Thomson acquired United States film industry services company Technicolor. In 2010, Thomson changed its name to Technicolor. The purchase will raise the status of Technicolor at family video and communication products.
In 2006, Cisco spent $ 6.9 billion takeover of Scientific-Atlanta set-top box manufacturer, entered the set-top box market. Scientific-Atlanta home set-top box not only production and supply of equipment to cable television service provider headquarters.
More recently, Cisco set-top box market suffers, its share of sales Systems eroded by competitors, Arris Group and Casa. In May, Cisco, video equipment for service providers in the fiscal third quarter revenue fell 5%, and fell 19% the previous fiscal quarter. Cisco Vice President and Chief Strategy Officer of xierdun·luomansiji (Hilton Romanski) said in a blog post, since the acquisition, Cisco set-top box sector total revenues of $ 27 billion. However, operators will pay more attention to cloud-based software and video products, Cisco will continue to invest in the future of cloud services market.
In fact, Cisco had already pulled out of the range of consumer product markets. As early as in 2011, Cisco closed down Flip camera business. In 2013, the Cisco to sell to Belkin router Linksys family sector.
Lei feng's network on July 23, Technicolor SA, based in Paris agreed to pay about $ 600 million acquisition of Cisco set-top-box business. Cisco has invested heavily to buy set-top box company, the deal marks Cisco will bid farewell to the set-top box market. Cisco said the company will continue to sell products for operators, and willing to cooperate with Technicolor to develop video and broadband technologies.
Technicolor is France old electronics manufacturer Thomson. In 2001, Thomson acquired United States film industry services company Technicolor. In 2010, Thomson changed its name to Technicolor. The purchase will raise the status of Technicolor at family video and communication products. Domestic TV makers three ills technical innovation
In 2006, Cisco spent $ 6.9 billion takeover of Scientific-Atlanta set-top box manufacturer, entered the set-top box market. Scientific-Atlanta home set-top box not only production and supply of equipment to cable television service provider headquarters.
More recently, Cisco set-top box market suffers, its share of sales Systems eroded by competitors, Arris Group and Casa. In May, Cisco, video equipment for service providers in the fiscal third quarter revenue fell 5%, and fell 19% the previous fiscal quarter. Cisco Vice President and Chief Strategy Officer of xierdun·luomansiji (Hilton Romanski) said in a blog post, since the acquisition, Cisco set-top box sector total revenues of $ 27 billion. However, operators will pay more attention to cloud-based software and video products, Cisco will continue to invest in the future of cloud services market.
In fact, Cisco had already pulled out of the range of consumer product markets. As early as in 2011, Cisco closed down Flip camera business. In 2013, the Cisco to sell to Belkin router Linksys family sector.
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