Cisco chairman and chief executive officer John Chambers says the technology provider is walking away from low margin set-top box contracts.
UPDATED STORY. Cisco plans to integrate NDS into its Videoscape service platform following confirmation of a $5 billion (€3.83bn) bid for the technology company. A statement from the San Jose-based firm confirmed the bid had already been approved by the boards of directors of both companies. It is expected to close in the second half [...]