VARINDIA IT MAGAZINE

Yes! You have heard it right. Cisco is planning to sell its set-top business to Technicolor. On closing, Cisco will receive approximately €413 million in cash and approximately €137 million in newly issued Technicolor shares, subject to certain adjustments. The acquisition will give Technicolor an estimated 15% share of the global CPE market, with 60 million devices shipped each year and an installed base of 290 million set-tops and 185 million gateway devices across 100 countries. Technicolor and Cisco have also entered into a strategic partnership to develop video and broadband technologies, including cooperating on Internet of Things solutions and services. The pair have have signed a long-term patent cross-licensing agreement that covers specific intellectual property and patents from both companies. As part of the strategic agreement Hilton Romanski, senior vice-president and chief strategy officer of Cisco, will join Technicolor’s Board of Directors, after the transaction ha...

As a part of its commitment to help India become a world leader in manufacturing and further fuelling the country’s digital transformation, Cisco has announced new investments in the country. Aligned with Cisco’s strategy to invest in emerging countries, Cisco has announced new local strategic initiatives, including the move to enable manufacturing in India to support the Digital India vision. As India plays a pivotal role in the company’s overall growth, innovation and talent strategy, the company has announced plans for direct and indirect investment of up to US$20 million over the next five years into the Cisco Networking Academy, with an additional US$40 million for the next phase of expansion in India. John Chambers, Chairman and CEO said, “We are investing big in India. We came to India for the quality of the workforce. We invested in innovation, which is now transforming industries. Cisco is committed to partnering with India’s government to translate the Digital India visi...

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   Cisco Systems' chief executive officer and chairman  John Chambers   has written a letter to  US President Barack Obama urging him to curtail  National Security Agency's (NSA) surveillance  activities after evidence circulated showing the NSA had intercepted the networking equipment giant. According to Chambers, it will have a dire effect on the global economy. In the letter, he warned of warned of an undermining of confidence in the US technology industry and called for new "standards of conduct" in how the NSA conducts its surveillance. "We simply cannot operate this way, our customers trust us to be able to deliver to their doorsteps products that meet the highest standards of integrity and security," Chambers wrote in the letter."Confidence in the open, global internet has brought enormous economic benefits to the United States and to billions of people around the world. This confidence is b...

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   The networking company  Cisco(NASDAQ:CSCO)  has reportedly begun the transformation of information technology (IT) by delivering Application Centric Infrastructure (ACI), new professional services, and an open ecosystem of partners to help customers unleash their applications and enable greater business agility. With ACI, Cisco is delivering to customers the first data center and cloud solution to offer full visibility and integrated management of both physical and virtual networked IT resources, all built around the needs of applications. During the unveiling of ACI, and in a blog post,  Cisco Chairman and CEO John Chambers  discussed the imperative for IT to adapt quickly to the needs of the application economy. Applications have become the lifeblood of business. The consistent and high performance of applications is vital to CIOs’ ability to deliver new products and services, manage compliance and...

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   That India stands high in Cisco's scheme of things was once again demonstrated when Cisco Chairman and CEO John Chambers, on a two-day visit to India, declared the company’s intention of increasing its commitment to India. John Chambers, who met Prime Minister Manmohan Singh and the Ministers of IT and Commerce, said, company looks forward to working with the government to find technology solutions to India’s challenges in education and healthcare. “With broadband and cloud, we can change the school system, have many more children learning from good teachers remotely. Every village can have a healthcare facility with a fast network connection, where the health data of a person can be captured and a doctor in a remote location can take a look at it,” said Chambers who took over as Cisco’s CEO in January 1995. Over the past decade, the $46-billion Cisco has invested immensely in India and runs a number of pilot projects i...

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE Cisco is playing host to the first Cable Summit in India. The two-day event is being attended by over 30 CXOs from the leading multiservice operators (MSOs), content providers and industry stakeholders. Delivering the keynote address, Cisco Chairman & CEO John Chambers highlighted how video is the most compelling way to engage with people and content today. On stage, Edzard Overbeek, Cisco Senior Vice-President, Asia-Pacific, Japan and China, unveiled two new set-top boxes - an entry-level SD digital terminal adapter (DTA), and a HD Zapper, localized and priced competitively for India and emerging markets. These additions complement Cisco's set-top box portfolio and offer customers a wider "mass-to-class" choice. While the entry-level SD set-top box will transition mass market consumers from analog to digital, the feature-rich HD set-top box makes television viewing a personal, social and immersive experience. Sanjay Roha...