Synamedia opens for business

Synamedia, the renamed NDS division that was acquired by Cisco, is back in independent hands.

Financed by global investment firm Permira, the buyout from Cisco’s Service Provider Video Software Solutions, has completed. Financial terms of the deal were not released.

Synamedia’s portfolio of over 200 pay-TV and media customers includes AT&T, Astro, beIN, Bharti Airtel, Charter, China DTH, Comcast, Cox, Disney, Foxtel, Get, Liberty Global, Oi, OSN, Rogers, Sky, Shaw, Tata Sky, Verizon, Viasat and Vodafone.

Source: Synamedia opens for business