Cisco To Buy Video Streaming Startup Inlet For $95 Million

Cisco Systems

Plugging a gap in its “TV Everywhere” lineup, Cisco Systems (NSDQ: CSCO) announced plans Friday to acquire privately held Inlet Technologies, a provider of adaptive-bit-rate video processing platforms, for $95 million.

Inlet’s video-encoding technology adapts the quality of a video stream based on real-time network conditions as well as the capabilities of the target device. According to Cisco, the Raleigh, N.C.-based startup will strengthen the capabilities of the Videoscape TV platform, by letting service and content providers deliver video to any device over any IP-based network. More on Multichannel.

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