Wednesday, September 28, 2005

Scientific-Atlanta Buys Out its China Joint Venture

Scientific- Atlanta completed the acquisition of all outstanding interests in the Scientific- Atlanta Shanghai Limited joint venture from the other shareholders. Going forward, Scientific-Atlanta (Shanghai) Company Ltd. will function as a wholly owned subsidiary of Scientific-Atlanta China, Inc. The company will continue to use the extensive marketplace knowledge acquired during the 12 years of the joint venture's operation as it focuses on research and development of digital technology for the burgeoning China market and extending that technology for applications all across Asia.

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