Cable & Telecom

Cisco to pay US$6.9 billion for Scientific-Atlanta

SAN JOSE, Calif., and LAWRENCEVILLE, Ga. – Saying this deal will completes Cisco’s end-to-end triple play solution for networks and the home, telecommunications manufacturer Cisco Systems has agreed to purchase cable equipment maker Scientific-Atlanta for US$6.9 billion. The combined entity creates an enormous end-to-end triple play solution for carrier networks and the digital home. It also increases certain MSOs exposure to Cisco because many also operate Cisco CMTS’s to run their VOIP and Internet backend. In Canada, Videotron and Rogers Cable are the only two widely-deployed users of Scientific Atlanta technology. The rest of the Canadian industry is Motorola-based. For...