web analytics
August 23, 2014 / 27 Av, 5774
Israel at War: Operation Protective Edge
 
 
At a Glance
News & Views
Sponsored Post
Jerusalem Mayor Nir Barkat (L) visits the JewishPress.com booth at The Event. And the Winners of the JewishPress.com Raffle Are…

Congratulations to all the winners of the JewishPress.com raffle at The Event



NDS Bought by Cisco for $5 Billion

Cisco Systems, Inc. an American multinational corporation headquartered in San Jose, California, specializing in design, manufacturing, and sales of networking equipment, is purchasing NDS, developer of software solutions for multi-channel television providers which is jointly owned by European private equity firm Permira, and Rupert Murdoch’s News Corp., for $ 5 billion.

NDS was founded in Jerusalem in 1988, by a group of Israeli scientists from the Weizmann Institute in Rehovot. The company has specialized in the development of interactive systems for secure transmission of entertainment and information to digital TV,  digital set-tops, PCs and mobile devices. In addition, NDS is developing electronic security solutions for Web applications.

Calcalist, the financial website that broke the story, suggests the negotiations over the sale were the reason for the resignation of Dr. Abe  Peled from his post as CEO of the company in July 2011. Peled, an Israeli who had led NDS for 16 years, was appointed as Chairman of the company, being replaced as CEO by Dave  Habiger. Chief operating officer is  Raffi Kesten, who also manages the operations of the company and  its development center  in Israel.

The sale was kept secret from NDS empoyees, who only found out about it early Thursday morning.

About the Author: JewishPress.com brings you the latest in Jewish news from around the world. Stay up to date by following up on Facebook and Twitter. Do you have something noteworthy to report? Submit your news story to us here.


If you don't see your comment after publishing it, refresh the page.

Our comments section is intended for meaningful responses and debates in a civilized manner. We ask that you respect the fact that we are a religious Jewish website and avoid inappropriate language at all cost.

If you promote any foreign religions, gods or messiahs, lies about Israel, anti-Semitism, or advocate violence (except against terrorists), your permission to comment may be revoked.

No Responses to “NDS Bought by Cisco for $5 Billion”

Comments are closed.

SocialTwist Tell-a-Friend

Current Top Story
4 yr old Israeli Daniel Tregerman, murdered by Hamas rocket on Aug. 22, 2014.
IDF: Israeli Toddler Murdered by Rocket Fired Near UNRWA School/Shelter
Latest News Stories
Firefighters try to extinguish the fire at the site of where a rocket landed and killed a 4-year-old boy in Kibbutz Nahal Oz in the southern Israeli on August 22, 2014.

8:53pm Otef Aza – Avshalom, Dekel, Pri Gan, Yavol, Sde Avraham, Yated, Talmei Yosef, Shlomit, Bnei Netzarim, Neve 8:52pm Sufa / Hulit, , Otef Aza – Avshalom, Dekel, Pri Gan, Yavol, Sde Avraham, Yated, Talmei Yosef, Shlomit, Bnei Netzarim, Neve 8:17pm Kfar Chabad, Shoham 8:17pm Bnei Brak / Givaatayim / Petach Tikva, Kiryat Ono, Kfar […]

4 yr old Israeli Daniel Tregerman, murdered by Hamas rocket on Aug. 22, 2014.

Hamas murdered a 4 yr old Israeli boy with a rocket launched next to an UNRWA school/shelter for Gazan refugees.

Photo: Rotter.net / Tikonist

5:33pm Shabbat Shalom from Israel. It should be a peaceful Shabbat. 5:28pm Kerem Shalom 5:26 pm Kerem Shalom 5:22pm Nachal Oz 5:13pm Erez, Miflasim 5:13pm Gaza perimeter/Sderot, Erez, Miflasim 5:13pm Gaza perimeter/Sderot 5:02pm Erez, Miflasim 5:02pm Gaza perimeter/Sderot, Erez, Miflasim 5:02pm Gaza perimeter/Sderot 4:04 pm Sdot Negev, Shaar Negev 4:00 pm Sdot Negev, Shaar Negev […]

Living in Israel is an open ticket against intermarriage. Above: MK Tzipi Hotovely and Or Alon at their wedding last year.

If you are worried about your child marrying a non-Jew, and you should be, then move to Israel.

Hamas publicly executed 21 people they accused of collaborating with Israel. Unlike ISIS, they didn’t behead them.

One woman fighter is enough to scare away 72 virgins.

Israel remains a lone outpost for those who know that talking to liars is not a diplomatic solution.

Obama, who is sure the “peace process” will make Hamas safe for democracy, now has crowned himself an expert on radical Islam.

There were soldiers inside the attacked Hebron building, but they managed to get out in time.

On Thursday, the Israel Air Force hit a motorcycle transporting 2 terrorists in Rafah.

Temple University’s SJP claims the pro-Israel Jewish student harassed and provoked them into assaulting him.

The White House has unblocked the weapons shipment to Israel that they had recently blocked.

10:58pm Negev 10:32 pm Eshkol 9:38 pm Ashdod, Ashkelon, Ashkelon Coast 8:47 pm Modiin-Maccabim-Reut, and area. Iron Dome Interception. 8:46 pm Beit El 20:00 pm  Iron Dome downs two rockets over Be’er Sheva; three others explode in open areas. 19:42 pm     Two warnings of rockets in Be’er Sheva, warnings of rockets Hatzerim , site […]

The IDF readies what it does not want unless there is no alternative – a deep ground invasion of Gaza. Hamas also is ready.

If “the only thing we have to fear is fear itself,” Diaspora Jews are in big trouble.

More Articles from Jewish Press News Briefs
Firefighters try to extinguish the fire at the site of where a rocket landed and killed a 4-year-old boy in Kibbutz Nahal Oz in the southern Israeli on August 22, 2014.

8:53pm Otef Aza – Avshalom, Dekel, Pri Gan, Yavol, Sde Avraham, Yated, Talmei Yosef, Shlomit, Bnei Netzarim, Neve 8:52pm Sufa / Hulit, , Otef Aza – Avshalom, Dekel, Pri Gan, Yavol, Sde Avraham, Yated, Talmei Yosef, Shlomit, Bnei Netzarim, Neve 8:17pm Kfar Chabad, Shoham 8:17pm Bnei Brak / Givaatayim / Petach Tikva, Kiryat Ono, Kfar […]

Photo: Rotter.net / Tikonist

5:33pm Shabbat Shalom from Israel. It should be a peaceful Shabbat. 5:28pm Kerem Shalom 5:26 pm Kerem Shalom 5:22pm Nachal Oz 5:13pm Erez, Miflasim 5:13pm Gaza perimeter/Sderot, Erez, Miflasim 5:13pm Gaza perimeter/Sderot 5:02pm Erez, Miflasim 5:02pm Gaza perimeter/Sderot, Erez, Miflasim 5:02pm Gaza perimeter/Sderot 4:04 pm Sdot Negev, Shaar Negev 4:00 pm Sdot Negev, Shaar Negev […]

On Thursday, the Israel Air Force hit a motorcycle transporting 2 terrorists in Rafah.

The White House has unblocked the weapons shipment to Israel that they had recently blocked.

10:58pm Negev 10:32 pm Eshkol 9:38 pm Ashdod, Ashkelon, Ashkelon Coast 8:47 pm Modiin-Maccabim-Reut, and area. Iron Dome Interception. 8:46 pm Beit El 20:00 pm  Iron Dome downs two rockets over Be’er Sheva; three others explode in open areas. 19:42 pm     Two warnings of rockets in Be’er Sheva, warnings of rockets Hatzerim , site […]

The security cabinet authorised Thursday the emergency call-up of 10,000 IDF reservists. Defense Minister Moshe Ya’alon said Israel would continue to pursue Hamas leaders anywhere and at any time, and added that the current campaign would “take time.” Ya’alon called on the Israeli public to display patience and strength while the army deals with the […]

Rabbi Yehuda Glick, a licensed tour guide and head of Haliba mvt for Jewish rights, has ‘sparked unrest’ by praying.

PA Arabs stoned an Egged bus near Halhoul, north of Hebron Wednesday. The attack took place near the site where the bodies of Eyal Yifrah, Gil-Ad Sha’ar and Naftali Fraenkel were discovered on June 30. No injuries or property damage were reported.

    Latest Poll

    Do you think the FAA ban on US flights to Israel is political?






    View Results

    Loading ... Loading ...

Printed from: http://www.jewishpress.com/news/breaking-news/nds-bought-by-cisco-for-5-billion/2012/03/15/

Scan this QR code to visit this page online: