Rumor: Cisco Wanted VUDU
Smiley-faced retailer Wal-Mart is acquiring VUDU Inc. , the also-ran online video provider, the two companies announced Monday.
Peter Kafka, writing for The Wall Street Journal's "All Things D" blog, notes the price might be as high as $100 million, well beyond what anyone expected.
Here's the interesting telecom part: Kafka has heard the price went that high because VUDU has some special video compression technology, special enough to attract multiple bidders -- possibly including Cisco Systems Inc. (Nasdaq: CSCO).
That's still unconfirmed, but if true, it would suggest VUDU has something truly special under the covers. If it's really good stuff, maybe Wal-Mart could create a subsidiary to start licensing out technology...
— Craig Matsumoto, West Coast Editor, Light Reading