Tuesday, May 1, 2018

Cisco sell off beleagured SPVSS (aka NDS)

Finally it's happened Cisco's 4 years of mismanagement of the SPVSS business unit is at an end.

Permira are buying it back at a knock down price.

Here's the sanitized press release

https://investor.cisco.com/investor-relations/news-and-events/news/news-details/2018/Permira-Funds-to-Acquire-Ciscos-Service-Provider-Video-Software-Solutions-Business/default.aspx

And from one of the people who mis-managed and rode on the back of it:

https://blogs.cisco.com/news/service-provider-news

All sounds like a great plan that they always intended - but in reality a disastourous acquisition that destroyed the existing business...


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