toggle

AAPL Stock: 123.38 ( + 0.61 )

Printed from http://www.macnn.com

Cisco to buy Cariden Technologies for $141

updated 01:04 pm EST, Thu November 29, 2012

Cisco to buy network traffic-management software company

Cisco announced today that it would be purchasing Cariden Technologies, a privately-held traffic management software maker. The networking giant will pay about $141 million in total for Cariden, which supplies network planning and design solutions for telecoms. The move is Cisco's third major acquisition in a month.

In addition to Cariden, Cisco earlier this month acquired cloud startup Meraki for $1.2 billion in cash. That deal saw Cisco adding to its networking infrastructure capabilities and gaining an edge in on-site Wi-Fi networking, security, and cloud-based management software.

Earlier in the year, Cisco bought cloud and virtual machine security company Virtuata. That deal was in keeping with Cisco's continuing focus on solidifying its position as a leader in networking, offering cloud services, virtualization, data center operations, and enterprise services.




by MacNN Staff

POST TOOLS:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

15-inch MacBook Pro with Force Touch

Apple's 15-inch Retina MacBook Pro continues to be a popular notebook with professional users and prosumers looking for the ultimate ...

Typo keyboard for iPad

Following numerous legal shenanigans between Typo -- a company founded in part by Ryan Seacrest -- and the clear object of his physica ...

Entry-level 27-inch Retina iMac

The 27-inch Apple iMac with 5K Retina display is already one of the best value-for-money Macs that Apple has ever released. It was som ...

toggle

Most Commented