Cisco Videoscape devalued by a fifth

It’s emerged that Cisco could be close to a sale of its Videoscape unit.

The former NDS Group is reportedly being sold back to Permira Holdings, the private equity firm that sold the company on to Cisco in 2012. However, is likely to take a hit of $4 billion (€3.3bn) on the sale.

Source: Cisco Videoscape devalued by a fifth

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