Cisco is lightening up its load and selling off its customer-premises equipment business to Paris-based Technicolor for $600 million, the early Thursday morning. Once the deal closes, which is expected to be by either the end of the fourth quarter of 2015 or during the first quarter of 2016, Cisco senior vice president and chief technology and strategy officer, Hilton Romanski will join Technicolor’s board of directors. The two companies “also signed a strategic partnership agreement to develop and deliver next generation video and broadband solutions and services,” wrote Romanski in a on the announcement. The news shouldn’t come as too much of a surprise for Cisco observers.

Serial Killer The Monster Of Florence. Cisco inherited the set-top box business when it acquired telecom and television manufacturer for $6.9 billion. A set-top box is basically a type of device that can take cable, satellite or other digital signals and convert them to video that you can watch on your television.

Jan 10, 2016. StarHub destroys 300 illegal set-top. Bucks in exchange for a pirated set-top box that tunes in to all channels on cable TV. Setup Box Alert] This johnny.How. Jul 23, 2015. The news shouldn't come as too much of a surprise for Cisco observers. Cisco inherited the set-top box business when it acquired telecom and television manufacturer Scientific-Atlanta for $6.9 billion. A set-top box is basically a type of device that can take cable, satellite or other digital signals and convert.

But since that acquisition, Cisco has been having a hard time getting a decent return out of the business as sales have been steadily declining. Investors have been urging Cisco to rid itself of the business, with some saying that it wasn’t essential to the. “With this move, we are prioritizing our investments to deliver on our strategy of video in the cloud, and will partner with Technicolor to position the CPE business and its employees for future success,” CEO designate Chuck Robbins wrote in a about the deal. Kinect Driver Android here. Romanski explained that when Cisco’s fiscal 2015 ends, the set-top box business will have revenue of $1.8 billion. In 2013, CEO John Chambers said that the same business had an annual revenue of, which tells you how much the business has been slumping. “On close, we expect to see a positive impact to Non-GAAP gross margins of approximately 1 point with negligible impact to the bottom line as we continue to invest in our video business,” Romanski wrote.

A Cisco spokesperson wrote to Fortune to say that “Cisco will continue our commitment and focus on our service provider video infrastructure, cloud and software business.” Apparently, Cisco will still be making video gear, just not the type that’s made for households., Fortune’s daily newsletter on the business of technology. For more on Cisco, check out the following Fortune video.

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