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Cisco's takeover of NDS get EU go-ahead

EU Commission says the deal raises no competition concerns

By Jennifer Baker, IDG News Service
July 24, 2012 11:55 AM ET

IDG News Service - Europe's antitrust watchdog on Tuesday approved the acquisition of NDS by Cisco Systems.

The European Commission said that Cisco's takeover of U.K.-based NDS, which provides technology and software to the pay-TV sector, would not create a competition problems. The merged entity would continue to face competition from a number of strong competitors and customers, namely pay-TV providers, would continue to have alternative suppliers in all markets concerned, the Commission said.

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The Commission's investigation took into account the provision of hardware components, such as set-top-boxes (STBs) and software components such as Conditional Access Systems (CAS), Digital Rights Management (DRM) software, digital video recording (DVR), electronic program guides (EPG) and content management systems.

Cisco develops and sells a broad range of networking, communications, storage and security products and services. NDS supplies digital technology and services to pay-TV service providers and content providers. It also offers solutions for satellite, cable, terrestrial, IPTV, mobile devices and hybrid TV systems.

Follow Jennifer on Twitter at @BrusselsGeek or email tips and comments to jennifer_baker@idg.com.

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