Cisco will integrate the Arroyo platform into its own IP-NGN (Next Generation Network) architecture, enabling carriers to deliver more flexible network entertainment, interactive media and advertising services across TVs, PCs and mobile devices.
Cisco says it will use the acquisition to capitalize on the major shift in the entertainment industry where consumers are demanding access to content on any end device.
The acquisition is expected to close in the first quarter of Cisco’s fiscal year 2007, ending October 31, 2006. Upon close of the transaction, the Arroyo team and product portfolio will be integrated into the Cisco Cable & Video Initiatives Group, within the Service Provider organization led by Volpi.
Arroyo was founded in 2002 and has 44 employees based in California and Utah.
