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Cisco to buy set-top box business in ChinaCisco Systems Inc said on Monday it has agreed to buy the set-top box business of Hong Kong-based DVN Holdings Ltd for as much as $44.5 million, as the world's top TV network equipment maker continues its acquisition spree. The move, Cisco's first acquisition aimed at the Chinese market, also shows the company stepping up investment in a fast-growing market where it faces competition from rivals ...
2009-11-03 - People's Daily