Cisco Systems Acquires ExtendMedia
September 23, 2010
Cisco Systems has completed its acquisition of ExtendMedia, a privately held provider of software-based video content management systems (CMS) headquartered in Newton, Massachusetts with the majority of its employees in Toronto. The acquisition brings ExtendMedia's CMS and multi-screen IP video capabilities into Cisco's Service Provider Video Technology Group to strengthen Cisco's next-generation IP video architecture and monetization offerings for pay and ad-supported models.
- Buyers
- Cisco Systems
- Targets
- ExtendMedia
- Industry
- Software
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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