Converge Digest

Cisco divests its Service Provider Video Software business

Cisco agreed to sell its Service Provider Video Software Solutions (SPVSS) business to a company backed by the Permira Funds. Financial terms were not disclosed.

Permira Funds will create a new, rebranded company focused on developing and delivering video solutions for the Pay-TV industry. The new company’s portfolio includes Cisco’s Infinite Video Platform, cloud digital video recording, video processing, video security, video middleware, and services groups. Dr. Abe Peled, former Chairman and CEO of NDS and adviser to the Permira Funds, will serve as Chairman of the new company.

Cisco will retain the video and media technology related to its core business in networking, multi-cloud, security, data, and collaboration.

“This is a unique opportunity to lead and shape the video industry during its transition with the flexibility as a private company,” said Dr. Peled. “The new company will have the scale, technology innovation, and world-class team to deliver outstanding go-to-market execution, customer engagement, and new end-user experiences.  Cisco has built a profitable business in the video space with innovations to capitalize on IP distribution and cloud-based services. These combined assets provide a significant new opportunity for the new company.”

Cisco’s ‘Videoscape Unity’ TV Platform — Streaming Under the Cloud

Cisco introduced its “Videoscape Unity” TV Platform featuring a multiscreen cloud digital video recorder (DVR), which enables consumers to restart shows, catch up on past programs, and play back DVR-captured content from anywhere, on any screen.

Videoscape Unity, which is designed for service providers and media companies, is an open software platform that was created by combining the assets of NDS (which Cisco acquired last year ) with its own Videoscape portfolio.  The new platform comprises a set of cloud, network and client based components, connected by open interfaces.  Some pre-integrated components include:



Cisco said a key advantage of Videoscape Unity is that the cloud can now be used “to power personalized video services and enable multiple screens to be synchronized to create a single unified experience for the subscriber, so things look and feel the same no matter what device they use.”



Significantly, Cisco is offering Videoscape “as a service,” allowing operators to have Cisco build, monitor, operate and even host their video infrastructures.



http://www.cisco.com/en/US/netsol/ns1043/networking_solutions_market_segment_solution.html




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