Cisco to Buy Video-Streaming Startup Inlet for $95 Million

Acquisition aimed at supporting Cisco's Videoscape initiative
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Plugging a gap in its "TV Everywhere" lineup, Cisco Systems announced
plans Friday to acquire privately held Inlet Technologies, a provider
of adaptive-bit-rate video processing platforms, for $95 million.

Inlet's
video-encoding technology adapts the quality of a video stream based on
real-time network conditions as well as the capabilities of the target
device. According to Cisco, the Raleigh, N.C.-based startup will
strengthen the capabilities of the Videoscape TV platform, by letting
service and content providers deliver video to any device over any
IP-based network.

Videoscape, which Cisco debuted at CES last month,
cobbles together different product families in a framework designed to
let TV service providers merge traditional television with online
content, as well as integrate social media, videoconferencing and mobile
devices.

Click here for the full story at Multichannel.com

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