Cisco Systems' Linksys division agreed to acquire privately-held KiSS Technology A/S, a developer of networked entertainment devices, for approximately $61 million in cash and stock. KiSS, which is based in Horsholm, Denmark, has a product portfolio that includes home video products such as networked DVD players and networked DVD recorders. KiSS's technology platform also has the capability to extend to other consumer electronics products. KISS recently introduced an IPTV set-top box which is compatible with Windows Media content. The product is already marketed via Denmark�s first broadband TV channel, TV-2 Sputnik, for viewing content over an ADSL connection. The KiSS MediaMate works in both standard-definition and high-definition streaming, and will also be certified to Microsoft�s PlaysForSure program. The MediaMate is equipped with a 802.11g connection. It uses the same chip technology from Sigma Designs as KiSS Technology�s other DVD-players and hard disk recorders.
Try to imagine this scenario, that General Motors and Ford were given exclusive franchises to build America's interstate highway system, and also all the highways that connect local communities. Now imagine that, based upon a financial crisis, these troubled companies decided to convert all "their" local arteries into toll-roads -- they then use incremental toll fees to severely limit all travel to and from small businesses. Why? This handicapping process reduced the need to invest in building better new roads, or repairing the dilapidated ones. But, wouldn't that short-sighted decision have a detrimental impact on the overall national economy? It's a moot point -- pure fantasy -- you say. The U.S. political leadership would never knowingly risk the nation's social and economic future on the financial viability of a restrictive duopoly. Or, would they? The 21st century Global Networked Economy travels across essential broadband infrastructure. The forced intro...