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Mar 22, 2012

HFN Advises NDS Group in Intended Acquisition by Cisco for Approximately USD 5 Billion

HFN acted as local counsel for NDS Group, a leading provider of video software and content security solutions that enable service providers and media companies to securely deliver and monetize new video entertainment experiences, in its intended acquisition by Cisco for approximately USD 5 billion. The acquisition is expected to close during the second half of calendar year 2012, subject to customary closing conditions.

Cisco is a "worldwide leader in networking that transforms how people connect, communicate and collaborate".

This matter was handled by M&A partner Janet Levy Pahima, Antitrust & Competition department head Boaz Golan and Labour & Employment Law partner Liat Shaked-Katz.

To view the official press release, please click here.