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Cisco Completes Acquisition of DVN Set-Top Box Business

SAN JOSE, Calif., SHANGHAI and HONG KONG, May 5, 2010 – Cisco (NASDAQ: CSCO) today announced it has completed its acquisition of the set-top box business of DVN (Holdings) Limited (SEHK: 0500). Listed in Hong Kong with major operations in China, DVN is a market and technology leader in digital cable solutions in China and shares Cisco's vision of a high-performance, scalable and services-rich cable interactive platform extending into every home.

The newly-acquired business will run entirely from within China – from design, sourcing and logistics through to marketing, sales and service. The acquisition will enable Cisco to offer customers in China an end-to-end solution, including DVN's set-top box products and the Cisco® IP Next-Generation Network (IP NGN) platform.

With the completion of the transaction today, the DVN set-top box business is now part of the International Cable Business Unit (ICBU) within the Service Provider Video Technology Group (SPVTG) at Cisco.

About Cisco Systems

Cisco, (NASDAQ: CSCO), the worldwide leader in networking that transforms how people connect, communicate and collaborate, this year celebrates 25 years of technology innovation, operational excellence and corporate social responsibility. Information about Cisco can be found at http://www.cisco.com. For ongoing news, please go to http://newsroom.cisco.com.

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This document is Cisco Public Information.

Press Contacts

Kristin Carvell Cisco Systems, Inc. +1 408 424 0206 kcarvell@cisco.com
Matthew Tractenberg Cisco Systems, Inc. +1 408 525 3170 matthew2@cisco.com
Charles Guyer Cisco Systems, Inc. +1 978 936 0825 chguyer@cisco.com
Sophy Zhang Cisco Systems, Inc. +86 10 8515 5662 sopzhang@cisco.com

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