Cisco Systems has announced plans to acquire privately held Inlet Technologies, a provider of adaptive-bit-rate video processing platforms, for $95 million. The acquisition is aimed at supporting Cisco’s videoscape Initiative.
Inlet’s video-encoding technology adapts the quality of a video stream based on real-time network conditions as well as the capabilities of the target device.
According to Cisco, the startup will strengthen the capabilities of the Videoscape TV platform, by letting service and content providers deliver video to any device over any IP-based network.
“Cisco’s Videoscape platform will play a key role in reinventing the TV experience, and the acquisition of Inlet will enable our customers to leverage the network as a platform to deliver innovative video experiences to consumers on any device,” said Enrique Rodriguez, senior vice president and general manager of Cisco’s Service Provider Video Technology Group.