Is Scientific-Atlanta for Sale?

The New York Post reported yesterday that Scientific-Atlanta Inc. may be up for sale. S-A, the number-two supplier of digital cable set-tops and modems, apparently hired investment banks Credit Suisse First Boston and Evercore Partners this summer to explore strategic options, including a sale of the company at a valuation of at least $4 billion. Names floating around as potential buyers include consumer electronics players like Sony, Samsung and Panasonic, as well as infrastructure giants like Cisco Systems and Alcatel. Given S-A's strong infrastructure business, Alcatel or Cisco may prove a better fit. S-A seems to be following path of its original archrival in the cable market, General Instrument. Motorola became top-dog in the digital set-top and cable modem space through its acquisition of GI in 2000. The NY Post article is at http://www.nypost.com/business/30571.htm
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