Cisco announces its acquisition of Adaptive Bit Rate (ABR) digital media processing platform provider Inlet Technologies, just on the eve of Barcelona's Mobile World Congress.
Inlet's ABR technology adapts video stream quality based on real-time network conditions-- technology Cisco was surely looking for as it sets to strengthen its Videoscape platform.
The acquisition itself involves $95m worth in cash and retention-based incentives for all of Inlet's shares,a deal that should concclude by Q2 2011's end.