Cisco acquires Scientic Atlanta for $6.9 billion

Cisco Systems acquires Scientific Atlanta for $6.9 billion at $43 a share. This will make Cisco a major player in the digital entertainment technology industry. Paidcontent has more. This will give the networking giant more of a broader technology base to play in, although the digital cable industry has locked down feature sets and thereby stifling for innovation. Another good move to keep in the game.
Buzzmachine and PaidContent < NYTimes