Cisco Systems plans to acquire privately held ExtendMedia, a provider
of content management systems for video, which will form a key part of
Cisco's offerings to service providers looking to deliver IP video to
multiple devices.
Financial terms of the transaction were not disclosed. The deal is expected to close before the end of the year.
ExtendMedia's customers include AT&T, Bell Canada and Cablevision Systems. Its flagship product, OpenCASE Publisher,
lets providers ingest content from multiple sources, manage content
categories, channels and playlists, and enforce usage rights.
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