Following Cisco's lead in acquiring a video on demand business, Harmonic has entered into a definitive agreement to buy Entone's networking-software business for an estimated $45 million. The deal clocks in as the third this month for VOD acquisitions since Motorola acquired BroadBus Technologies. Entone's business is very similar to Arroyo's in that it offers products for distributed content management, video streaming, PVR, nPVR, VOD, time-shifted television and targeted advertisement insertion.
For more on Harmonic's acquisition:
- see this article over at TelecomWeb