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Technicolor to acquire Cisco connected devices division

2015-07-23 07:00:43| Digital TV News

Technicolor (Paris: TCH; OTCQX: TCLRY) has entered into an exclusive agreement with Cisco (NASDAQ: CSCO) to acquire its customer premises equipment (CPE) business for 550 million (or $600 million equivalent) in a cash and stock transaction.

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