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News Corp sells NDS Group to Cisco Systems for $5 Billion
News Corp had sold NDS Group (provider of TV software to Sky, Foxtel and DirectTV) to Cisco Systems (who make STBs via its Scientific Atlanta Division for companies like Virgin Media) for $5 Billion
This means that Cisco not only becomes a big supplyer of Digital TV Technology, but a supplier of both Virgin Media and Sky
I am gussing that BSkyB will sell Amstrad (who make STBs) to Cisco as well
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