Bloomberg News

Cisco Said to Be Close to Buying NDS Group for About $5 Billion

March 15, 2012

Cisco Systems Inc. (CSCO) is near an agreement to buy NDS Group Holdings for about $5 billion, according to a person with knowledge of the matter.

A deal may be announced as soon as today, said the person, who declined to be identified because the matter is private. Israeli newspaper Calcalist reported the talks earlier today.

To contact the reporter on this story: Serena Saitto in New York at ssaitto@bloomberg.net

To contact the editor responsible for this story: Jennifer Sondag at jsondag@bloomberg.net


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