Cisco Systems

growth-positive

The Saudi Arabian Intrusion Detection and Prevention Systems (IDPS) market is experiencing significant growth driven by regulatory compliance and the need to combat evolving cyber threats. As Saudi Arabia undergoes digital transformation and aims to build a knowledge-based economy, the demand for robust IDPS solutions has increased. These systems are crucial for protecting sensitive data and critical infrastructure from cyber threats. Regulatory frameworks in Saudi Arabia mandate the adoption of advanced IDPS, particularly in regulated sectors like banking and government. Compliance requirements ensure that organizations invest in IDPS solutions to avoid penalties and maintain licenses, making these systems an operational necessity.

growth-positive

James Moore Technology Services, a consultancy firm specializing in managed IT and cybersecurity services, is expanding its network of technical support partners across the southeastern United States. The company is actively recruiting partners in Florida, Georgia, South Carolina, and Alabama to enhance its service delivery capabilities. This expansion is driven by a significant increase in demand for their services, with revenues and client base nearly doubling in the past year. The firm aims to create a mutually beneficial partnership network to meet the growing demand for professional IT support. James Moore maintains relationships with top-tier vendors like Microsoft and Cisco, offering a range of services including data management, cybersecurity, and cloud solutions.

growth-negative

The article discusses the growth potential and challenges faced by three companies: AeroVironment, Affirm, and Nova. AeroVironment, specializing in unmanned aircraft systems and EV charging solutions, has seen costs rise faster than revenue, leading to a decline in operating margins and negative returns on capital. Affirm, a payment network provider, faces challenges with negative return on equity and a high net-debt-to-EBITDA ratio. Nova, a semiconductor quality control systems provider, is highlighted as a top pick due to its impressive market share growth, earnings performance, and free cash flow profitability. The article suggests caution in investing in AeroVironment and Affirm, while Nova is seen as a promising investment.

growth-positive

Fortinet is experiencing significant growth due to increased demand for its Unified SASE and SecOps solutions, which are reshaping its growth trajectory. In Q2 2025, Unified SASE and SecOps billings rose significantly, contributing to 35% of total billings. The companys strategy focuses on boosting recurring revenues and enhancing customer engagement through integrated security solutions. Fortinets recent acquisition of Suridata.ai in May 2025 has strengthened its SaaS security capabilities. The company raised its full-year billings outlook by $100 million, driven by robust enterprise adoption and expanding demand for cloud-delivered services. Fortinets unique offering of developing all core SASE capabilities within a single operating system gives it a competitive edge.

growth-negative

The tech industry continues to experience significant layoffs in 2025, with over 22,000 job cuts reported so far. Peloton is among the companies affected, announcing a 6% workforce reduction as part of its sixth layoff in just over a year. The companys CEO, Peter Stern, stated that these cuts are necessary to improve long-term business health. Meanwhile, other companies are also making substantial layoffs, including a back-office software provider for restaurant chains and a corporate video software company, which is reducing its workforce by 10% to save $8.5 million. The ongoing layoffs highlight the impact of AI and automation on the industry.

growth-positive

The article discusses the positive outlook for the Zacks Computer - Networking industry, highlighting companies like Cisco Systems, Inc., Extreme Networks, and RADCOM, Inc. The industry is expected to benefit from the growing demand for cloud computing, network security, AI workloads, and next-gen connectivity. The deployment of 5G and the proliferation of IoT devices are driving the need for robust networking infrastructure. Despite challenges like economic uncertainty and supply-chain issues, the industry is poised for growth due to innovations in networking technologies and the increasing popularity of smart connected devices.

growth-positive

Tower Semiconductor, in collaboration with Xscape Photonics, has announced the successful prototyping and validation of an on-chip, optically pumped, multi-wavelength laser source. This innovation, built on Towers PH18 Silicon Photonics platform, is designed for AI datacenter fabrics, enhancing bandwidth density, power efficiency, and scalability. The solution simplifies design and reduces latency, particularly beneficial for GPU-to-GPU and GPU-to-HBM optical links in AI clusters. The collaboration leverages Towers high-volume platform, offering a seamless upgrade path for existing customers and eliminating the need for costly hybrid laser integration.

growth-positive

The article discusses three companies with varying growth prospects. JFrog, known for its software management platform, faces challenges due to historical operating margin losses and anticipated capital intensity. Insulet, a company revolutionizing diabetes care with its Omnipod insulin delivery systems, shows strong global expansion and financial performance, making it a growth-positive stock. Houlihan Lokey, a global investment bank, demonstrates impressive revenue and earnings growth, indicating increased market share and capital strength. Insulets consistent revenue growth and improved free cash flow margin highlight its potential for sustainable long-term growth.

growth-positive

The Zacks Computer - Networking industry is poised for growth due to increasing demand for AI workloads, cloud computing, and next-gen connectivity. Companies like Cisco Systems, Inc., Extreme Networks, and RADCOM, Inc. are expected to benefit from the surge in demand for high-speed interconnects, optical networking, and Ethernet switches. The deployment of 5G technology is further driving the proliferation of IoT devices, AR/VR, and 5G smartphones, necessitating robust networking infrastructure. Despite challenges such as global economic uncertainty and supply-chain issues, the industry is focusing on innovation in networking technologies to capitalize on the multi-billion-dollar AI infrastructure opportunity.

growth-positive

MarketsandMarkets Research Pvt. Ltd. reports that the global Next-Generation Firewall (NGFW) market is projected to grow significantly, from USD 5.0 billion in 2023 to USD 8.6 billion by 2028, at a CAGR of 11.4%. The growth is driven by the rising demand for NGFWs due to increased cyber-attack threats and the growing trends of IoT and BYOD, which heighten network security needs. The report highlights the integration of advanced technologies and increased adoption of cloud services as key opportunities. The emergence of machine learning-powered NGFWs and zero-trust technology are noted as transformative trends in the cybersecurity landscape.

growth-negative

CoreWeave, an artificial intelligence cloud vendor, reported a wider-than-expected loss for the second quarter, although it achieved revenue of $1. The companys financial performance appears to be a concern, as the loss was greater than anticipated. This news comes amid a broader market context where stock futures were rising due to positive inflation data, which has led to hopes that the Federal Reserve might cut interest rates in September. The article highlights the financial challenges faced by CoreWeave, despite the overall positive market sentiment.

growth-positive

Custom Market Insights has released a comprehensive market research report on the Global Email Encryption Market, projecting significant growth from USD 4.1 billion in 2024 to USD 31.1 billion by 2034, with a CAGR of 22.5%. The report highlights key players like Dell Technologies, Cisco Systems, and Microsoft, among others. The markets expansion is driven by increasing email data breaches, cyber threats, regulatory compliance, and the adoption of cloud-based services. The report provides insights into market trends, deployment methods, and end-user sectors, emphasizing the importance of email encryption in safeguarding data integrity and confidentiality.

growth-positive

Okta has experienced a 21.3% increase in share value year-to-date, outperforming its sector and industry peers. The companys success is attributed to its innovative product portfolio and extensive partner network, which includes major names like AWS, Google, and Microsoft. Oktas focus on AI technology, particularly in enhancing security through new protocols like Cross App Access, is a key driver of its growth. Despite facing macroeconomic challenges and competition, Oktas strong liquidity and customer base expansion, with over 20,000 customers, position it well for future growth. The companys valuation is considered high compared to some peers but remains attractive against others.

growth-positive

Stifels latest cybersecurity VAR survey indicates stabilization in growth and spending trends, despite ongoing macroeconomic pressures, particularly in Europe. The survey of 39 value-added resellers (VARs) for the second quarter of 2025 shows a continuation of recent trends in net growth and outperformance levels. Data security remains a top spending priority, with identity, cloud, and endpoint security also ranking highly. The survey notes a modest rebound in firewall demand, with PANW and FTNT gaining market share, while CHKP and CSCO are perceived as losing share. Despite near-term uncertainties, partners are optimistic about medium-term growth, expecting a blended growth of 11.7% Y/Y in C3Q25 and 12.1% Y/Y in CY25. Customer preferences are shifting slightly back toward Best-of-Breed models.

growth-positive

Hewlett Packard Enterprise (HPE) has successfully closed its acquisition deal with Juniper, signaling a trend where legacy tech companies are increasingly seeking partnerships to leverage AI technology. The article suggests that more such mergers could be on the horizon as companies aim to enhance their technological capabilities and market reach. This acquisition is seen as a strategic move by HPE to strengthen its position in the tech industry, particularly in the AI domain. The article discusses the potential for further mergers and acquisitions in the tech sector, driven by the growing importance of AI.

growth-positive

Okta is expanding its security portfolio with the launch of Cross App Access, a new protocol aimed at securing AI agents. This initiative is part of Oktas broader strategy to protect non-human identities and enhance security for developers building AI applications. The company is collaborating with independent software vendors (ISVs) to integrate this protocol, which simplifies authorization processes and enhances compliance. Oktas innovative offerings, including Okta AI and other identity management solutions, are driving significant customer growth, with the company reporting 20,000 customers and $4.084 billion in remaining performance obligations. Oktas strong partner ecosystem, featuring companies like AWS, Google, and Microsoft, is also contributing to its success. The companys shares have risen 25.2% year-to-date, outperforming its sector and peers.

growth-negative

Sarepta has been downgraded by H.C. Wainwright to Sell from Neutral, with a price target of $10, following the announcement of another death due to acute liver failure in a second non-ambulatory Duchenne muscular dystrophy patient treated with Elevidys. The company is suspending shipments of the drug to non-ambulatory DMD patients until an immunosuppressive regimen can be agreed upon with regulators and implemented. Piper Sandler also downgraded Sarepta to Neutral from Overweight, with a price target of $36, down from $70. These downgrades reflect concerns over the safety of Elevidys and the regulatory challenges facing Sarepta.

growth-positive

The article discusses the long-term growth potential of three cybersecurity companies: Fortinet, CyberArk, and Cisco Systems. Fortinet is highlighted for its broad portfolio of enterprise security products and its custom chip development, which enhances system efficiency. The company has experienced significant revenue and EPS growth from 2014 to 2024, with continued growth expected. CyberArk is noted for its leadership in the privileged access management market, with strong revenue growth and future profitability anticipated. Cisco Systems, while primarily a networking company, has a substantial cybersecurity division that contributes significantly to its revenue. The article emphasizes the resilience and growth prospects of these companies in the cybersecurity sector.

growth-positive

The article discusses the recent IPO of eToro, highlighting its historical significance as the first father-son duo to take a company public on the Nasdaq. The broader market context includes a positive response to a US-China trade thaw and the performance of major tech stocks. The article also critiques the reliability of earnings estimates and corporate guidance in the current volatile market environment. Former Medtronic CEO Bill George advises against relying on such guidance, emphasizing the need for clear ground rules. The article underscores the challenges companies face in financial planning amidst unpredictable market conditions.

growth-positive

Cisco has been upgraded by Wells Fargo to Overweight from Equal Weight, with a new price target of $75, up from $72. This upgrade is attributed to Ciscos accelerating momentum in artificial intelligence, as evidenced by significant order growth from three of the six largest hyperscalers. The firm sees Cisco as a key player in large-scale sovereign AI opportunities and anticipates continued earnings upside. The upgrade reflects confidence in a normalizing order growth recovery and a positive re-rating of Ciscos value.

growth-positive

CoreWeave, specializing in cloud computing for AI infrastructure, released its first quarterly report after going public in late March. Despite a net loss of $149.6 million, the company showed rapid top-line expansion with Q1 sales increasing by 420% to $981.6 million. Nvidia disclosed a major stake in CoreWeave, owning 24.18 million shares, and is a key partner providing GPUs for CoreWeaves AI cloud infrastructure. CoreWeave secured a $4.1 billion deal with OpenAI and counts Microsoft and Meta Platforms as customers. The companys stock has soared over 100% since its IPO, reaching an all-time high of $84 per share.

growth-negative

Cisco is reportedly planning to lay off over 4,000 employees, marking the second round of layoffs for the company this year. The layoffs are part of a strategic shift towards higher-growth areas such as cybersecurity and AI. The cuts will primarily affect employees involved with communications products like routers and switches, as well as associated marketing and sales staff. The impact on Ciscos 750 employees in Israel is currently unclear. The company is also increasing its investment in AI and cybersecurity.

growth-positive

Wall Street firms, including Barclays and Sanford C. Bernstein, are advising clients to consider investing in Chinese chip companies, such as Naura Technology Group Co. and Hygon Information Technology Co. The firms believe that US efforts to limit access to advanced semiconductor technology will boost the development of Chinas domestic chip industry, creating opportunities for local companies. China has invested over $100 billion in efforts to create domestic suppliers to fill the void. Naura and Hygon are among Bernsteins top picks in China.

growth-negative

Cisco Systems Inc. plans to cut approximately 4,000 jobs, or 5% of its workforce, following a slowdown in corporate tech spending that wiped out its sales growth. The restructuring will cost about $500 million. The announcement was accompanied by a forecast that fell short of Wall Street projections, causing Cisco shares to slide. The companys sales are expected to be $12.1 billion to $12.3 billion in the fiscal third quarter, compared to an average analyst estimate of $13.1 billion. Cisco is also acquiring data-crunching software maker Splunk Inc. for $28 billion.

growth-positive

Cisco Systems is opening its seventh branch in Israel, this time in the southern city of Ofakim. As part of the agreement, the company is committed to investing in the training of young people, career development in the IT field, training, placement, and more. The new branch could create hundreds of new jobs for residents of the city and its surroundings. Cisco will also try to recruit additional partners for the development of the city of Ofakim, and will work to invest in education and innovation studies in the city.

Growth-Negative

Splunk Inc. is planning to cut about 7% of its global workforce due to an uncertain economic environment. This move is not related to the companys planned acquisition by Cisco Systems Inc. The layoffs will impact approximately 560 employees, mostly in the US. The company expects to incur about $42 million in charges due to this downsizing, which should be completed by April 30. Splunk, known for its data observability services, competes with companies like Datadog Inc. and Dynatrace Inc.

growth-positive

Cisco plans to continue making investments in Israel in 2023 due to better valuations and market conditions. The company has made 17 acquisitions in Israel since its establishment, totaling $7.2 billion. Cisco Israel employs 800 people and has purchased three Israeli companies in the past two years. The company also makes indirect investments in Israel through venture capital funds. Cisco Israels CEO emphasized the companys business activity in the country, its social responsibility programs, and its focus on cybersecurity. In terms of future goals, Cisco aims to lead in quantum computing, the metaverse, and blockchain technology. The company also plans to focus on the cloud environment and cybersecurity.

growth-negative

Cisco Systems Inc. has announced that it will lay off 4,000 employees worldwide, representing 5% of its workforce. The company has 800 employees in Israel, but sources say that its local operations will not be affected by the cuts. Cisco CEO Chuck Robbins has praised the Israeli ecosystem and mentioned that Cisco has acquired Israeli companies for $7.2 billion. The article was published on November 17, 2022.

growth-negative

Cisco Systems Israel, a subsidiary of Cisco, plans to transfer more than half of its assets abroad by distributing NIS 570 million as dividends to its sole owner, Cisco Systems Netherlands. The move is seen as a growth-negative impact on the company. Cisco Israel has approached the Tax Authority to present its position as a possible creditor regarding future solvency. The dividend distribution does not meet the required profit test, so the company must convince the court of its ability to repay future commitments. Cisco Israels largest expenditure is on R&D, followed by marketing and administrative expenses. The company recorded a small increase in operational profit in 2020 compared to 2019. The dividend distribution may have tax implications, and the Tax Authority may claim additional income tax.

growth-positive

Oren Sagi, the general manager of Cisco Systems in Israel, believes that working from home (WFH) is not just a temporary solution but a longer-term phenomenon that will forever alter the employment world. He emphasizes the importance of adjusting organizational culture and addressing managerial and technological challenges to make WFH a more pleasant and productive experience. Sagi mentions that organizations that have adopted digital technologies are set to emerge from the crisis in a strengthened position. He also highlights the need for secure digital corporate communication and the adoption of cloud-based solutions for a hybrid work model. Sagi emphasizes the importance of innovation and a culture that nourishes it, stating that only companies that can offer both will thrive.

growth-positive

Cisco has unveiled its new Cisco 8000 Series of carrier-class routers, built using Cisco Silicon One chips developed at the companys Israel research and development center. The new routers aim to help internet carriers reduce bottlenecks and offer a broadband infrastructure for future online services. Cisco hopes that the new router, which can handle a rate of 10.8 terabytes a second, will replace complex clusters of routers and servers that consume vast amounts of electricity and require significant cooling. The router is powered by the Cisco Silicon One chip, which can process up to 25 terabytes a second. The chip is compatible with various platforms and can process universal data from different services.

growth-positive

Cisco Systems helps companies with their digital journey and prioritizes being the lead vendor of information security solutions. The company emphasizes the need to combine the digital journey with cybersecurity and offers a complete platform solution for network anomalies, two-step verification, preventing unauthorized access, and dedicated security solutions for endpoints. Cisco believes that the information security model should be a process and architecture, not just a product concept. They also highlight the challenge of managing multiple cybersecurity tools and offer their platform as a solution. The article does not mention any specific customers, partners, investment or acquisition amounts, layoffs, or the date of the event.

growth-positive

Oren Sagi, the general manager of Cisco’s Israeli offices, discusses the companys diversity policy and efforts to include minority groups in its talent pool. Cisco is actively working to add more women, ultra-orthodox Jews, and Arabs to its workforce. The company has established a collaboration with KamaTech and offers special training programs for members of the Arab minority. Cisco has also set up an innovation center in Ramallah. In addition, Cisco has launched a country digitization acceleration program to digitize Israels peripheral communities. The company has acquired 13 tech companies in Israel and is looking into cybersecurity, cloud technologies, Internet of Things, and smart cities. Cisco recently sold its video software unit NDS for $1 billion.

growth-negative

Cisco has sold its struggling service provider video business to private equity firm Permira, which will spin it out as its own company. The CEO of the new company will be Dr. Abe Peled, the former CEO of NDS. The sale is part of Cisco CEO Chuck Robbins strategy to change the direction of the company. Cisco acquired the video business in 2012 when it bought NDS for $5 billion, and is now selling it back to Permira for about $1 billion. Cisco will retain the intellectual property for sending video across networks. This sale follows Ciscos previous sale of its TV set-top business in 2015. Cisco is focusing on cloud, collaboration, and software subscription services.

growth-negative

Permira, a global private equity firm, has entered into a definitive agreement to acquire Ciscos Service Provider Video Software Solutions (SPVSS) business. After the transaction, Permira will create a new company focused on developing and delivering video solutions for the Pay-TV industry. The new company will be led by Dr. Abe Peled, former Chairman and CEO of NDS. Cisco will retain its video and media technology related to its core business. The transaction is expected to close in Ciscos Q1 FY19.

growth-negative

Cisco is looking to sell its video software unit NDS Group Ltd. back to its previous controlling shareholder Permira Holdings Inc. for a deal valued at several hundred million dollars, potentially reaching $1 billion. Cisco had acquired NDS from Permira for $5 billion in 2012. Permira will create a new company focused on developing and delivering video solutions for the pay-TV industry. The deal is expected to close in the first quarter of fiscal 2019. NDS, founded in 1988, was acquired by Permira and News Corporation in 2009. After the acquisition, NDS experienced leadership changes and faced challenges in the pay-TV industry, leading to layoffs and a decrease in employee count.

growth-positive

Cisco has partnered with the Government of Israel to build a network of Digital Hubs in Jerusalem as part of the countrys Digital Agenda. The Digital Hubs use Cisco Collaboration technologies to connect communities and businesses, allowing them to work together and develop new business ideas. Cisco is working with local start-up Cob to provide additional tools for the hubs. The President of Israel, Reuven Rivlin, and Cisco Chairman and CEO, Chuck Robbins, inaugurated the new network of Digital Hubs. Cisco aims to have a total of 100 hubs operating across Israel by the end of 2019.

growth-positive

Cisco Systems CEO Chuck Robbins will visit Israel to participate in the launch of Ciscos country digitization acceleration program. During his visit, Robbins will meet with Israeli President Reuven Rivlin, visit local Cisco research and development centers, and meet Israeli tech executives, entrepreneurs, and startups. The visit is part of Ciscos commitment to closing the socio-economic gap through technological means. Cisco has already established tech hubs in several small towns in Israel and is exploring expanding the initiative to Greece and other countries. Cisco operates two research and development centers in Israel and has acquired 13 Israel-based companies for a combined sum of around $7 billion.

growth-positive

Cisco Systems CEO Chuck Robbins is visiting Israel to celebrate the 20th anniversary of Cisco Israels operations. During his visit, Robbins will meet with senior politicians and members of the business community, including startup entrepreneurs. He will stress digital cooperation with leading companies in Israels economy and address the annual Cybertech conference. Robbins will also discuss digital services for citizens and training employees for Israels high-tech market. Cisco Israels general manager expressed pride in hosting Robbins and highlighted the importance of Israel as a market for Ciscos development center.

growth-negative

Cisco plans to cut 14,000 jobs, which is almost 20% of its global workforce. The layoffs are part of the companys strategic decision to focus on software instead of hardware. While the exact number of job cuts in Israel is unknown, it is estimated to be less than 20%. Cisco has already offered retirement packages to some employees, and the layoffs will be announced in the coming weeks. The company has previously laid off tens of thousands of jobs worldwide. Ciscos Israel operations, which currently have 1,600 employees, are expected to be affected by the layoffs.

growth-positive

Cisco plans to acquire CloudLock, a cloud-based security provider, for $293 million. CloudLock uses APIs to enable enterprises to apply and monitor security on documents and content stored in cloud-based applications. The acquisition aligns with Ciscos strategy to grow inorganically in the enterprise IT space. CloudLock has over 700 customers and competes with companies like Skyhigh Networks, CipherCloud, Netskope, and Microsoft. Prior to the acquisition, CloudLock had raised $35 million in funding from investors including Cedar Fund, Salesforce, and Bessemer Venture Partners.

growth-positive

Cisco Systems Inc. and Bank Hapoalim have signed a strategic cooperation agreement to accelerate the digital revolution in Israels banking sector. The agreement aims to promote better and more efficient services for Bank Hapoalims customers and enhance the level of financial technology in Israel. The partnership is seen as a positive growth opportunity for Cisco Systems Inc.

growth-positive

Cisco Systems Inc. has signed a Memorandum of Understanding (MoU) for strategic cooperation with Israels government to speed up the digitalization of Israel over the next three years. The cooperation will focus on the application of digital technologies and cloud tools across various sectors, including the public sector, education system, health, and the development of smart cities. In the first stage of the partnership, Cisco will create a digital center in the eastern Negev region, making it Israels first fully digitalized region. Cisco has invested $7 billion in direct and indirect investments in Israel, acquired 11 Israeli companies, and invested in more than 30 Israeli startups and four venture capital funds.

growth-positive

Cisco Systems has acquired Israeli company Leaba Semiconductor for $350-$400 million. Leaba Semiconductor provides innovative solutions for major infrastructure challenges. The company was founded in 2014 and operates in stealth mode. The acquisition is Ciscos 12th in Israel. Pitango Venture Capital and Bessemer Venture Partners are among the investors in Leaba Semiconductor.

growth-negative

The article discusses Ciscos history and current activities in Israel. It highlights Ciscos investments and acquisitions in Israeli startups, as well as its R&D presence in the country. The article mentions that Ciscos value has decreased from half a trillion dollars to $140 billion, and it is no longer one of the most valuable companies in the world. Cisco has invested in 25 Israeli startups and acquired 10 for a total of more than $1.5 billion. It has also established an R&D center and made Israel a global laboratory for its projects. Ciscos latest investment in Israel is in Team8, a cyber-security incubator. The article also mentions Ciscos involvement in the development of a super-fast fiber optic network in Israel. Overall, the impact of the article on Cisco is growth-negative.

growth-positive

Cisco plans to establish a development center in Israel for research on cyber security and analysis of security in various sectors. The company also plans to invest $15 million in Israeli venture capital funds and the development of new security technologies. Additionally, Cisco will finance a super-fast fiber optics network project in Israel, which is expected to cost billions of shekels and be completed in 7-10 years. The company aims for full deployment in 18-36 months. The investment in the development center and the expansion of operations in Israel indicate a positive growth impact on Cisco.

growth-positive

Cisco plans to acquire Israeli startup Intucell for $475 million in cash. Bessemer Venture Partners, who invested $6 million in Intucell two years ago, will receive nearly half of the sale price. Intucells networking technology helps mobile carriers optimize their cellular grid and improve mobile traffic speeds. The acquisition will allow Cisco to enter the market of selling to carriers without relying on hardware base stations. The deal is expected to close in Ciscos 2013 fiscal year. This acquisition showcases the success of Israeli startups and their ability to produce successful exits.

growth-positive

Israeli company NDS, which develops software solutions for multi-channel television networks, is in advanced acquisition talks with Cisco. The deal is estimated at $5 billion. NDS was founded in 1988 and specializes in the development of interactive systems for secure delivery of entertainment and information to digital TVs, set-top boxes, PCs, and mobile devices. The company is owned by the Premira fund and News Corp. The deal’s estimated value is about 35% higher than NDS’s value when it was delisted from the stock exchange in 2009.