Cisco puckers up - CNET

▤ Summary

Cisco Systems is jumping into the consumer electronics game. The networking giant announced that its acquired Danish company KiSS Technology for $61 million in cash and stock. KiSSs products, such as the DP-500, gained notoriety in Europe for pioneering network-ready home electronics that stream digital audio and video from attached computers and the Internet. And while KiSS products were among the first non-PC devices that were officially certified to play DivX video, high prices and the lack of a major North American distributor restricted them to niche status in the States. Ciscos news release emphasizes that KiSSs electronics experience is a perfect fit with the consumer networking expertise of Linksys (which Cisco acquired in 2003).

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