Clemson will join Cisco as a director in its video group. Cisco Systems plans to acquire BNI Video, a privately held provider of video delivery software for service providers, for about $99 million.
BNI's software is designed to help service providers deliver any type of video to multiple devices at large scale. Cisco said the acquisition would help to advance Videoscape, the vision Cisco announced earlier this year for video delivery to any device. BNI's employees will be integrated into Cisco's Service Provider Video Technology Group.
Cisco was already an investor in BNI, along with Time Warner Cable and Comcast Ventures. Network giant Cisco has acquired video optimization software company BNI Video for $99 million in cash, the company announced today.
BNI Video helps Internet service providers manage their video services, including entitlement, billing and quality control. Cisco said it plans to integrate BNI Video’s technology with its Videoscape service, which will make it useful for service providers that are beginning to deliver more video over the Internet to consumers.
BNI Video is one of many companies Cisco has purchased to strengthen Videoscape. In August 2010, the network equipment company acquired online video distributor ExtendMedia to enhance its video-over-IP capabilities. And in February, Cisco purchased Inlet Technologies to boost Videoscape’s video encoding abilities.
Cisco is scheduled to close its acquisition of BNI Video in January 2012
Network giant Cisco has acquired video optimization software company BNI Video for $99 million in cash, the company announced today.
BNI Video helps Internet service providers manage their video services, including entitlement, billing and quality control. Cisco said it plans to integrate BNI Video’s technology with its Videoscape service, which will make it useful for service providers that are beginning to deliver more video over the Internet to consumers.
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