This content is from: Innovation

Cisco Completes $95M Inlet Tech Deal

Cisco Systems has completed its acquisition of privately-held digital media processing software maker, Inlet Technologies.

Cisco Systems has completed its acquisition of privately-held digital media processing software maker, Inlet Technologies. As per the deal, the California-based company paid $95 million in cash and retention-based incentives for Inlet.

North Carolina-based Inlet provides adaptive bit rate digital media processing platforms, which is expected to boost Cisco’s Videoscape TV platform capabilities. With the close of the acquisition, Inlet employees will become a part of Cisco’s service provider video technology group.

Click here for the release from Cisco.

Related Content