{"id":30331,"date":"2015-07-27T10:49:23","date_gmt":"2015-07-27T08:49:23","guid":{"rendered":"https:\/\/www.rudebaguette.com\/?p=30331"},"modified":"2015-07-27T10:49:23","modified_gmt":"2015-07-27T08:49:23","slug":"technicolor-turns-100-spends-600-million-acquire-ciscos-connected-devices-business","status":"publish","type":"post","link":"https:\/\/www.rudebaguette.com\/en\/2015\/07\/technicolor-turns-100-spends-600-million-acquire-ciscos-connected-devices-business\/","title":{"rendered":"Technicolor turns 100, spends $600 Million to acquire Cisco&#039;s connected devices business."},"content":{"rendered":"<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-30332\" src=\"https:\/\/www.rudebaguette.com\/assets\/200million_stb_620x350.jpg\" alt=\"200million_stb_620x350\" width=\"620\" height=\"350\" \/><br \/>\nWhen previous Cisco CEO John Chambers announced at the beginning of the year that he&#8217;s be betting big on the Internet of Things (and specifically, in France) this probably isn&#8217;t what he meant. The newly arrived Cisco CEO Chuck Robbins announced that Technicolor SA will pay $600 Million to acquire Cisco&#8217;s set-top box &amp; connected home business, a business that Chambers acquired 10 years ago in a $6.9 Billion acquisition of Scientific-Atlantic.<br \/>\nAs reported by WSJ, The sale is part of a greater move by Cisco to shed itself of what it considers to be auxiliary business lines, while focusing investments in cloud services, where Cisco sees its future.<\/p>\n<h3>How will Technicolor reinvent itself in the next 100 years?<\/h3>\n<p>100 years ago, Technicolor brought us bright the yellow bricks that Dorothy followed to Oz &#8211; or at least, the ability to view those colors on our TV. Today, while entertainment services &amp; its historical business still provide a large, stable revenue source for Technicolor &#8211; licensing, visual effects services, etc. &#8211; Technicolor is making a huge push into the Connected Home. Their vision for the future undoubtedly revolves around the Television as the central hub, and the acquisition of Cisco&#8217;s OTT business doubles down on that vision.<br \/>\nTechnicolor announced earlier this year that they had already shipped over 200 million Set-top boxes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>When previous Cisco CEO John Chambers announced at the beginning of the year that he&#8217;s be betting big on the Internet of Things (and specifically, in France) this probably isn&#8217;t what he meant. The newly arrived Cisco CEO Chuck Robbins announced that Technicolor SA will pay $600 Million to acquire Cisco&#8217;s set-top box &amp; connected<\/p>\n","protected":false},"author":77,"featured_media":30332,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"subtitle":"","footnotes":""},"categories":[10563],"tags":[],"class_list":["post-30331","post","type-post","status-publish","format-standard","has-post-thumbnail","category-tech"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/posts\/30331","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/users\/77"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/comments?post=30331"}],"version-history":[{"count":0,"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/posts\/30331\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/media\/30332"}],"wp:attachment":[{"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/media?parent=30331"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/categories?post=30331"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/tags?post=30331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}