Despite its move to sell its customer premises equipment (CPE) division to French media technology conglomerate Technicolor in a deal announced last week, don't think of Cisco as leaving the video business.
Cisco CEO Chuck Robbins has put more elements of his leadership team in place, naming Zorawar Biri Singh as senior VP and CTO of Platforms and Solutions and Kevin Bandy SVP and chief digital officer.
Cisco has decided to discontinue its Invicta data-storage hardware line, marking the latest in business units dropped from the roster by incoming CEO Chuck Robbins.
Cisco continues to be the service providers' top-choice core/edge router and carrier Ethernet switch vendor, according to a new IHS Infonetics report.
Cisco's new CEO Chuck Robbins is wasting no time making his impression on the company by selling off its set-top box business to French media technology conglomerate Technicolor and realigning the company's Internet of Everything and cloud activities.
French media technology conglomerate Technicolor has agreed to purchase Cisco's customer premises equipment (CPE) division for $602 million, a move delivers a second burst of consolidation to the fast-declining pay-TV set-top industry.
Midcontinent Communications will deploy Cisco's cBR-8 converged cable access platform (CCAP) across its entire footprint, as the cable company looks to ramp up multi-gigabit Internet products built around DOCSIS 3.1.
GE is going to build a 100G network as part of an industry test bed to support its industry Internet initiative that the company says will support Internet of Things (IoT) communications across connected control systems, large infrastructure products and manufacturing plants.
WDM vendors like Alcatel-Lucent, Ciena and Cisco will continue to see revenue benefits over the next four years as more service providers upgrade their metro networks, a segment that Dell'Oro says will grow at a 10 percent CAGR. Demand for metro WDM capacity will drive up the overall optical transport revenues to $15 billion by 2019.
The set-top box may be the hub of the pay-TV consumer's living room, but it's clear that a number of factors such as cloud-based platforms and a consolidating industry is taking its toll on the industry segment.