Cisco Systems Inc., the Internet equipment provider, said today it had reached a deal to buy Scientific-Atlanta, a maker of television set-top boxes, for $6.9 billion.
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With the deal, Cisco will, for the first time, be able to sell digital television equipment that provides high-definition programming; shows and movies on demand; and an array of interactive services. Scientific-Atlanta, the second-largest provider of these set-top boxes, and Motorola, the largest, have effectively held a duopoly in this market.
