The former NDS Group is reportedly being sold back to Permira Holdings, the private equity firm that sold the company on to Cisco in 2012. However, is likely to take a hit of $4 billion (€3.3bn) on the sale.
Calcalist, citing people familiar with the matter, reports the sale price is likely to be in the region of $1 million.
Following its acquisition Cisco integrated NDS into its Videoscape suites and offers.
It had already sold connected-device business, the former Scientific-Atlanta, in 2015.
Neither Cisco nor Permira are commenting on a possible transaction.