Cisco's $3 billion deal underlines importance of Internet video

(NECN: Peter Howe, Boxborough/Tewksbury, Mass.) - Internet giant Cisco Systems Inc.'s $2.9 billion purchase of nine-year-old Starent Networks underlines the world's most important Internet company's conviction that video is the next huge Net wave -- both landline and wireless. As head executive in charge of Cisco's New England operations, Paul Bosco sees all the hot technologies. And what he thinks is one of the very hottest is the kind of video he's seeing on devices like the iPhone, Blackberry, Palm Pre, and numerous other "smartphones" and handheld devices. read more

NECN | October 13, 2009

Tags:. .tewksbury. .necn. .landline. .smartphones. .bosco