Video goes into reverse

In 2012, electronic giant Cisco Systems bought Israeli video software company NDS for $5 billion. Cisco is now focusing on core business and has sold the NDS unit back to its original controlling shareholder Permira Holdings for $1 billion.  NDS’ original CEO Abe Peled will become its new Chairman.

https://www.calcalistech.com/ctech/articles/0,7340,L-3736952,00.html

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