Hilton Romanski

Technicolor to acquire Cisco set-top business for €550 million

Cisco is to sell its set-top business to Technicolor for €550 million in cash and stock. On closing, Cisco will receive approximately €413 million in cash and approximately €137 million in newly issued Technicolor shares, subject to certain adjustments. The acquisition will give Technicolor an estimated 15% share of the global CPE market, with 60 […]