Cisco Advances Smart Grid Strategy

Cisco is aggressively pursuing the smart grid market, announcing last week that it will acquire Arch Rock Corp., a provider of IP-based wireless technology focused on the smart meter, and releasing news of a new strategic partnership with smart meter vendor Itron.

Based in San Francisco, Arch Rock technology is designed to enable utilities to connect smart meters and other distributed intelligent devices over a scalable, wireless mesh network. Read more

Cisco Intent on Adding ExtendMedia

Cisco has announced the pending acquisition of ExtendMedia with an eye on enhancing content management capabilities to encompass the “everywhere” concept. Current trends indicate a growing importance of Web and mobile applications as consumers adopt and expand the ways that video is consumed.

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Cox Launches Whole-Home DVR

Cox Communications has revamped its home entertainment experience launching a new Trio program guide, tru2way-capable Cisco set-top boxes (STBs) and the first whole home DVR-system by a nationwide cable operator. The new features will be available to subscribers who pay $5 more on top of any level of Cox Advanced TV service and subscribe to the Plus Package. Read more

Cisco to Buy Starent Networks

Cisco Systems Inc. announced this morning that it will buy Starent Networks Corp., which helps wireless carriers support smart phones, for $2.9 billion.

Starent, based in Tewksbury, Mass., makes equipment that allows carriers to tie their wireless networks to the Internet. Cisco is paying $35 per share in cash, approximately a 20% premium over Starent’s closing price on Monday of $29.03 per share. The deal is expected to close early next year.

For Cisco, the acquisition is a gamble that end users will continue to download ever larger amounts of data onto smartphones and laptops via wireless networks. Read more