Cisco has agreed to acquire startup BNI Video for $99 million in cash. The deal is the latest acquisition Cisco has made to bolster its Videoscape portfolio, and it will extend its offerings for enabling network operators to delivering IP video streams. Read more »
BNI Video, which hopes to provide a cloud-based video control plane enabling cable and IPTV providers to quickly roll out new video services, has raised $16 million from a group of investors led by Cisco, Comcast Interactive Capital and Time Warner Cable. Read more »
