Cisco apparently in talks to buy NDS for $5 billion

http://s1.reutersmedia.net/resources/r/?m=02&d=20120315&t=2&i=582736470&w=460&fh

Israeli-based NDS, which develops software for multichannel television networks is apparently in advanced talks with Cisco Systems to be acquired for a mind-boggling $5 billion. 

Founded in 1988 and headquartered in London, NDS is owned in part by News Corp (51%) and Permira private equity fund (49%). The deal’s value is apparently 35% higher than what NDS was valued at when it delisted from the stock exchange in 2009 according to a report by Israel’s Calcalist financial newspaper. 

Read more: Cisco apparently in talks to buy NDS for $5 billion

Story added 15. March 2012, content source with full text you can find at link above.