Cisco looking to acquire Inlet Technologies, get even hipper with streaming
Posted in: cisco, Today's Chili
We haven’t heard a lot about Inlet Technologies over the years, a company that works mostly behind the scenes on advanced encoding technology, but it was right there on the cutting-edge of the Blu-ray bandwagon back in 2008. Now it’s looking set to become the latest addition to Cisco, with that company announcing intent to drop $95 million and see the acquisition through. It’s not entirely clear what Cisco will do if it picks up this toy, but it certainly sounds like mobility is on the mind of Enrique Rodriguez, Cisco’s Service Provider Video Technology Group General Manager:
Cisco’s Videoscape platform will play a key role in reinventing the TV experience, and the acquisition of Inlet will enable our customers to leverage the network as a platform to deliver innovative video experiences to consumers on any device.
If that name sounds familiar, until recently Enrique worked at Microsoft on, among other things, the Zune and Media Center. That might also give another clue to where Cisco is going.
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Cisco looking to acquire Inlet Technologies, get even hipper with streaming originally appeared on Engadget on Mon, 07 Feb 2011 09:24:00 EDT. Please see our terms for use of feeds.
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