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Linksys cuddles with KiSS

Thu, 07/21/2005 - 8:00pm
Jeff Baumgartner, CED

Linksys has inked a $61 million deal to acquire KiSS Technology, a maker of networked DVD players, DVD recorders, and IP set-top boxes.

Linksys, which secured the deal through parent company Cisco Systems, said the deal will enable it to develop and design a range of networked entertainment products.

Denmark-based KiSS was founded in 1994. Its 65 employees will be integrated with Linksys.

Earlier this year, KiSS launched the MediaMate, an IPTV set-top box. TV-2 Sputnik, a broadband service provider also based in Denmark, was the first to deploy the device.

"KiSS has emerged as a leader in networked video and audio products in Europe and we hope to use that expertise to expand worldwide," said Cisco CTO and Cisco-Linksys President Charles Giancarlo.

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