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Communications giant Cisco announced it has completed its

acquisition of privately held Inlet Technologies, a provider of

Adaptive Bit Rate digital media processing platforms. Based in Raleigh,

N.C., Inlet was acquired to help strengthen the capabilities of Cisco’s

Videoscape TV platform, allowing service and content providers to

deliver video experiences to a variety of devices over any Internet

Protocol (IP) network.

Cisco Videoscape is a TV platform for service providers that brings

together digital TV and online content with social media and

communications applications with the intention of creating an immersive

home and mobile video entertainment experience. Inlet’s ABR technology,

which is used in streaming multimedia over managed and unmanaged

networks, adapts the quality of the video stream based on real-time

network conditions.

Cisco said in a statement that Inlet would bring to the company a

strong team that understands the complexities of delivering ABR video

over IP networks to any device. With the close of the acquisition,

Inlet employees become part of Cisco’s Service Provider Video

Technology Group. Under the terms of the agreement, Cisco paid

approximately $95 million in cash and retention-based incentives in

exchange for all shares of Inlet.

ABR technology works by detecting a user’s bandwidth and CPU

capacity in real time and adjusting the quality of a video stream

accordingly. It requires the use of an encoder, which can encode a

single source video at multiple bit rates. The player client switches

between streaming the different encodings depending on available

resources.

For more, read the eWEEK article: Cisco Closes $95 Million Acquisition of Inlet Technologies.