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Cisco Plans to Acquire ExtendMedia for IP Video Management

August 26, 2010, 11:01 am
Cisco announced today that it intends to acquire ExtendMedia, a content management systems provider out of Newton, Massachusetts. ExtendMedia's systems manage video content through monetization for pay media and ad-supported business models. Cisco says that with ExtendMedia, it will be able to help service providers deliver multi-screen offerings as the market transitions to IP video. "As the video market transitions and consumers expect multi-screen engagement,

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