Permira Funds to re-acquire Service Provider Video Software Solutions business for $1bn after selling it to Cisco for $5bn
Permira, a global private equity firm, and Cisco, have agreed that a company backed by Permira Funds will acquire Cisco’s Service Provider Video Software Solutions (SPVSS) business. Cisco bought the business from Permira in 2012 for US$5 billion. (more…)