Cisco acquires NDS Cisco recently announced a complete acquisition of NDS Group Ltd., which is known for being a leading provider of video software.

The definitive agreement was announced almost five months ago by Cisco, which is an industry leader in the telepresence space. The new partnership will create efficiencies that should allow for better supply chain management, speeding product development.

"The addition of NDS' leading software solutions and systems integration expertise play a key role in accelerating the Cisco Videoscape platform aimed at delivering better-than-being-there entertainment experiences," said Jesper Anderson, senior vice president and general manager of Service Provider Video Technology Group. "Through our combined expertise, we look forward to providing the next-generation TV experience that is more immersive, engaging and social, while helping to create new revenue opportunities for our service provider customers."

Cisco expanded its footprint in the global video market following the acquisition of NDS, further advancing its service provider presence and re-establishing customer relationships.

Shares of Cisco increased 1.2 percent on July 30, with the company ending as one of the top gainers on the Dow Jones Industrial Average.
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