Sunday, March 13, 2011

Cisco's Acquisition of Inlet adds Digital Media Processing Capability

Cisco completed its previously announced acquisition of Inlet Technologies, a provider of Adaptive Bit Rate (ABR) digital media processing platforms. Inlet is based in Raleigh, N.C. Cisco paid approximately $95 million in cash and retention-based incentives in exchange for all shares of Inlet.

Inlet offers a set of encoding solutions that scale from mobile to web to high-definition. The line includes an IP input live streaming appliance, a high-density streaming solution and automated ad insertion for real-time streaming to desktop and iOS devices. During 2010, Inlet added several major broadcasters to its roster, including the BBC, ABC (Australia), Wealth TV and NBC Universal's Winter Olympics coverage.

Cisco said the deal strengthens its Videoscape TV platform, allowing service and content providers to deliver compelling video experiences to any device over any IP network.

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