NEW YORK --
Cisco Systems Inc., the world's largest network equipment maker, said Friday it agreed to acquire cable-television technology company Scientific-Atlanta Inc. for about $6.9 billion.
Cisco is paying $43 a share for Scientific-Atlanta, one of the largest makers of set-top boxes for television programs and movies-on-demand. That is a 3.7 percent premium over its closing price on
Cisco Systems Inc., the world's largest network equipment maker, said Friday it agreed to acquire cable-television technology company Scientific-Atlanta Inc. for about $6.9 billion.
Cisco is paying $43 a share for Scientific-Atlanta, one of the largest makers of set-top boxes for television programs and movies-on-demand. That is a 3.7 percent premium over its closing price on
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