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Cisco buys China cable box maker DVN

Source: Sydney Morning Herald
Hong Kong : China | about 1 month ago  
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The value of the deal is estimated at 44.5 million US US dollars, with Cisco paying 17.5 million US dollars up front and the rest of the purchase price to be doled out during the coming four years based on targeted sales goals. The acquisition is expected to close in the first half of next year, pending approval...
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READ MORE: Cisco Systems Inc., DVN
More News From: Hong Kong : China

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  • Cisco buys China cable box maker DVN
    News Source: Sydney Morning Herald | about 1 month ago
    The value of the deal is estimated at 44.5 million US US dollars, with Cisco paying 17.5 million US dollars up front and the rest of the purchase price to be doled out during the coming four years based on targeted sales goals. The acquisition is...
  • Cisco buys set-top business of Hong Kong-listed DVN for up to $44.5 million
    News Source: Star Tribune | about 1 month ago
    Cisco Systems Inc. said Monday it will buy the set-top box business of DVN (Holdings) Ltd., a digital cable technology company in China, for up to $44.5 million. Cisco will pay $17.5 million upfront, and the remaining $27 million over four years...
Blogs
 >
  • Cisco buys set-top business of Hong Kong-listed DVN for up to ...
    Blog Source: www.sfexaminer.com
    Cisco Systems Inc. said Monday it will buy the set-top box business of DVN (Holdings) Ltd., a digital cable technology company in China, for up to $44.5 million.
  • Cisco to buy set-top box business in China
    Blog Source: www.chinesestock.org
    Cisco Systems Inc said on Monday it has agreed to buy the set-top box business of Hong Kong-based DVN Holdings Ltd for as much as $44.5 million, as the world's top TV network equipment maker continues its acquisition spree. ...
  • Cisco Continues Its Shopping Spree, Buys Chinese Set-top Box Business
    Blog Source: gigaom.com
    Cisco Systems is going shopping again: It is buying the set-top box business of DVN Holdings, a company that is listed in Hong Kong and has major IPTV-related operations in China. Cisco recently announced its decision to buy video ...
  • Frbiz.com Reports Cisco's Acquisition Of 44.5 Million U.s. Dollars ...
    Blog Source: www.articlesnatch.com
    DVN (Holdings) Limited is a Hong Kong-listed company (hereinafter referred to as "DVN"), major carriers in China, is the digital cable solutions for leading companies. This will further promote Cisco's connected home to achieve its global ... Under
  • Cisco buys China set-top business for €30.1m | Telecoms Europe
    Blog Source: www.telecomseurope.net
    Cisco has pulled out its wallet again, this time to buy the set-top box business of Chinese firm DVN for US$44.5 million (€30.1 million). It said yesterday it had also forged a “go-to-market alliance” with the Hong Kong-listed DVN to ...
  • Cisco To Buy China Set-Top Box Biz For Up To $44.5M - Tech Trader ...
    Blog Source: blogs.barrons.com
    Cisco will pay $17.5 million upfront, with up to $27 million more based on performance. The deal is a play on the growing market in China for digital set-top boxes. DVN is a public company traded in Hong Kong with operations in China. ...
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