Cisco Systems is to acquire network optimisation company FineGround Networks to make sure it doesn’t fall behind rival Juniper Networks in the same area.
By submitting your email address, you agree to receive emails regarding relevant topic offers from TechTarget and its partners. You can withdraw your consent at any time. Contact TechTarget at 275 Grove Street, Newton, MA.
Cisco will pay around $70m (£38) for FineGround, which was set up in 2000 and employs more than 40 people. The acquisition will be integrated into Cisco’s security technology group and its solutions will be sold through existing Cisco sales channels.
FineGround’s products accelerate, monitor and secure web applications across networks and improve load-balancing on servers.
Its systems use similar technology to that offered by Peribit Networks and Redline Networks. Cisco rival Juniper Networks recently acquired both companies for a total of $500m.
Other companies operating in the web/server optimisation field are Nortel Networks and F5 Networks.