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July 22, 2005
Cisco Buys Kiss Technologies for $65 Million
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Cisco has apparently bought Danish company Kiss Technology via Linksys for 400 million Danish Kr, which is about $65 million according to a Danish website. Kiss Technology, which sells DVD/DivX players among other electronics, will be announcing the deal at noon, Danish time. Cisco supposedly has a team of 15 "men in black" telling the employees at Kiss exactly what's to be happening next, if we are to believe our friendly Danish translator. [via the inquirer] |
Posted by geekblue at July 22, 2005 9:32 AM