Cisco plans to obtain with the creator that the finger plays video
Cisco systematic Limited Company plan pure digital technology Limited Company of theory kept privately to obtain tap video creator of San Francisco of brand send A developer in the video solution course apt to use of exhibition.
” Obtain digital key enlargement media those of tactics of Cisco can make house momentum and catch those consumer market network and carry out the transition to the vision purely, ” Endure moustache Po of morality and say, the company of Cisco develops advanced VP of taxes and consumer’s group. ” The pure figure reforms people and catches and shares and taps the No. of the video video together completely. When the company develops new video ability and drives, this obtains and takes the business of consumer of Cisco to future generation and communication experience who makes a horizontal amusement. ”
” Playing video and putting those power with the finger and is caught, consumers share the video every day editing and entering those hands, ” President and CEO of the pure figure, Jonathan and Kaplan says. ” Through combine Cisco with strength, we participate in bent video to share us and whose globalism and surprising technological first Company of technical skill, we expect can enable us to expanding rapidly and tap video experience abundantly. ”
In the end that is won, the team of the pure figure will become a part of the consumer trade group of Cisco, this is through Cisco’s local network, audio frequency and media store the products including Linksys. Kaplan will become the general manager of organization combined, will report to Hu Po.
The acquisition of the pure figure illustrates Cisco ” Build, buy and with cooperating” Improve the tactics and enter the new market and catch the key market to change rapidly. According to the agreement clause, Cisco will pay stocks which exchange the pure figure of about 590 million dollars from stock. In addition, Cisco will offer in the base to 15 million dollars in the course of reward of the fair continuation employees keeping it. Thought accurate various standards of closing the condition and expected to approach Q4 for 2009 fiscal years of Cisco. Will obtain and will be explained by the fundamental accounting according to generally generally acknowledging.
