It's how you do a text replacement in VIM, I believe it's s for substitute, /../ for the regular expression, and g for global, to substitute multiple instances.
Don't forget the % if you are using vim, to make sure you replace on all lines :)
:%s/ubiquity/sonos/g
That's the syntax for search on replace with sed on Linux.
“/s” stands for search and “/g” for “global” replace.