Networks and Entertainment finally converging?

Wowzers – talk about an interesting acquisition: Cisco Systems, Inc. Announces Agreement to Acquire Scientific-Atlanta, Inc.. So the home and corporate networking giant buys one of the biggest players in the set-top boxes (the devices that deliver your satellite/cable signal to your TV) market.

This and Microsoft’s announcement to support CableCARD next year, should set the stage for a nice battle in your living room.