Cisco to Acquire NetSolve for $128M
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Cisco Systems (Quote, Chart) has inked a deal to acquire remote network management services provider NetSolve (Quote, Chart), the company said Thursday.
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In a move to take dominion in the data center, networking giant Cisco has announced plans to purchase privately held NeoPath Networks for an undisclosed amount.
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Cisco Systems signed an agreement on Wednesday to acquire network management start-up Jahi Networks for $16 million. Jahi, a San Jose, Calif.
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Cisco Systems Inc. said on Monday it  has acquired software to create online social networking sites  from privately held Utah Street Networks, Inc., the operator of  Tribe.net.
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Cisco Systems Inc.  said on Wednesday it would buy privately held Reactivity Inc., a maker of equipment used in computer networks, for $135 million as part of an effort to diversify from its core business of making routers and switches.
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(InfoWorld) - Cisco has completed its acquisition of WebEx Communications, entering the online collaboration services business through a $3.2 billion deal, the company announced Tuesday. Cisco will maintain WebEx's current business model of selling subscriptions for a Web-based service to enterprises that don't want to buy or build a collaboration system of their own, especially small and medium-size organizations. The Santa Clara, California, company is now a wholly owned subsidiary of Cisco, which plans to retain all its employees, said Cisco spokesman John Noh. The acquisition,Â announced March 15, further extends a networking equipment giant that is increasingly positioning itself as a software and services company. It followed buyouts of two social-networking companies, Five Across and Utah Street Networks, and all the technologies will complement each other, Chief Development Officer Charles Giancarlo said in March. The WebEx service lets companies share presentations, applications, and other data online, either asynchronously or in real-time sessions. The buyout will help Cisco compete against Microsoft and other vendors in collaboration and communication, and WebEx technology could also enhance Cisco's Unified Communications portfolio, according to Giancarlo. WebEx also offers a suite of productivity applications under the WebOffice brand, but Cisco doesn't plan to compete against desktop application suites, such as Microsoft'sOffice or Google's Google Apps, he said. The deal closed as expected in Cisco's fiscal fourth quarter. It was the first deal the company has made through a tender offer, in which the would-be acquirer publicly invites shareholders to sell their shares at a certain price at a given time, Cisco's Noh said. More than 90 percent of WebEx shares were tendered. A tender offer generally can be finished more quickly than other types of deals, such as cash purchases and share swaps, and makes it easier to offer attractive terms to employees in order to keep them on board, he said.
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SAN FRANCISCO (CBS.MW) -- Cisco Systems agreed Monday to acquire closely held Internet protocol service provider P-Cube for $200 million in cash and options.
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The deal comes as Cisco pushes to develop a market for CRS-1, a new line of routers aimed at telephone, wireless and cable companies.
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The acquisition of NetSolve will enable Cisco and its channel partners to offer customers real-time monitoring of Cisco products and to help ensure continuous, secure operation of such services
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Cisco Systems is making an acquisition designed to reinforce its security lineup, the company said Thursday. The networking giant announced it will pay $74 million in cash for San Francisco start-up Perfigo, a developer of network access control products.
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Acquisition is expected to help Cisco Systems reinforce its network management offerings.
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InfoWorld - Cisco Systems has finalized an agreement to purchase privately held BCN Systems, a provider of networking software design. Under the terms of the agreement, Cisco will pay approximately &#36;34 million in cash for BCN. The price could increase by as much as &#36;122 million if BCN meets certain development and product milestones. BCN's architecture will be incorporated across Cisco's broad routing portfolio and will support Cisco's delivery of next-generation data, voice, and video services over a converged network.
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(InfoWorld) - Cisco Systems, the biggest vendor in IP (Internet Protocol) networking, is diversifying into social networking. The router pioneer has agreed to acquire Five Across, a social-networking software company in San Francisco. Terms of the acquisition, which was announced late Thursday in California, were not disclosed. Cisco expects the deal to close in its fiscal third quarter, which ends April 28. Cisco doesn't plan to set up its own social-networking site to compete against News Corp.'s MySpace or Facebook. Instead, it will use Five Across technology to create software that will help enterprises better connect with their customers. In addition, service providers may be able to build services with the technology and sell them to their business customers, Cisco said. Five Across sells a software platform called Connect Community Builder. It includes a variety of features that enterprises can build into their Web presence for their customers, such as individual profile pages, friend lists, discussions, and posting of blogs, videos and podcasts. The company, founded in 2003, has just 11 employees, according to Cisco. Last year NHL Enterprises L.P.'s National Hockey League launched a site for hockey fans, called NHL Connect, using Five Across software. The acquisition is the first by Cisco's recently formed Media Solutions Group and part of Cisco's expansion into both the consumer and media categories. One target market for the Five Across technology will be entertainment and broadcasting companies such as The Walt Disney Co. and Comcast. But Cisco also expects social networking, like other consumer tools such as instant messaging, to be embraced by general enterprises. Consumers are now demanding social networking capabilities and want to see them on companies' Web sites, according to Cisco. Traditional media providers are ripe for using social networking, said IDC consumer analyst Danielle Levitas. "There's quite a bit of need for experimentation from [traditional] media companies to show their stockholders they can take advantage of the Web and they're not going to cede it to new media companies," Levitas said. A good social-networking component to a media company's Web site could help foster viewer loyalty or even be a place to test new shows among core viewers, she said. Consumer electronics and PC companies could also take advantage of social networking, hosting communities of consumers to share tips and advice, augmenting their technical support offerings, Levitas said. Meanwhile, social networking, with its constant conversations and user-generated content, is also good for Cisco's core business of selling network infrastructure, Levitas said. "Web-based content is incredibly bit-heavy," Levitas said. Social networking brings end users into the game so there is a lot of data coming upstream from the edge of the network as well as downstream from the company.
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Networking equipment maker Cisco Systems added to its growing portfolio of security products on Monday, agreeing to buy Protego Networks of California for US$65 million in cash.
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Cisco(R) (NASDAQ: CSCO) today announced that Wachovia Corporation (NYSE: WB), the parent company of the nation's fourth-largest bank and third-largest brokerage firm, has completed its first deployment of Cisco TelePresence.
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Cisco Systems stepped up its commitment to helping partners deliver services with last week&#39;s acquisition of publicly traded managed service provider NetSolve in a deal valued at nearly $200 million.
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International Internet networking giant Cisco Systems, Inc. agreed Monday to acquire Herzliya-based P-Cube, Inc. for approximately $200 million in cash and options.