Rumor mill: Cisco looking to buy NDS Group Holdings for $5B

UPDATED: Cisco has purchased NDS for $5 billion.

Cisco (Nasdaq: CSCO) is negotiating to acquire pay-TV software maker NDS Group Holdings, an Israeli newspaper reports.

According to CalcalistCisco is offering $5 billion for the company, which supplies software to DirecTV (Nasdaq: DTV), British Sky Broadcasting Corp., Canal Plus and other pay-TV operators. A second paper, The Market, said the deal could be announced today.

NDS software addresses OTT solutions, helping to deliver content to any device, including set-top boxes, and helps service providers offer an enhanced user experience, as well as offering content and service protection. In August, it struck a deal to support DirecTV's over-the top play.

Billionaire Rupert Murdoch's News Corp. (Nasdaq: NWSA) and London hedge fund Permira Advisers LLP are co-owners of the company, which in December filed for an IPO that sought to raise up to $100 million.

Spokesmen for all three companies declined comment.

Cisco has bought a number of companies in recent months to support its Videoscape product.

For more:
- see this Bloomberg report

Related articles:
Cisco 'loves STBs,' but is the business for sale anyway?
Report: Cisco's Scientific-Atlanta up for sale
Cisco closes deal to acquire BNI Video

Suggested Articles

A massive media conglomerate like Comcast/NBCUniversal makes news often but this week was particularly busy with an acquisition, a big name reveal and a major…

DAZN, a subscription sports streaming service that launched in 2018, has a new distribution deal in place on Comcast’s X1 and Flex video platforms.

Given the accelerating rate at which consumers are going online for entertainment, Roku said that streaming TV viewers could surpass the amount of pay TV…