Cisco to acquire P-Cube for $200m
Cisco Systems has agreed to buy software developer P-Cube in a cash-and-options deal Cisco valued at $200m (£110m).
Cisco Systems has agreed to buy software developer P-Cube in a cash-and-options deal Cisco valued at $200m (£110m).
P-Cube makes software to help service providers analyse and control network traffic.
Cisco plans to continue selling P-Cube's software as stand-alone products for the foreseeable future. It will also work on incorporating the technology into its hardware and software, said Pankaj Patel, general manager of Cisco's broadband edge and mid-range routing business unit.
Enhancing digital customer engagement with CRM
Learn about customer relationship management has evolved towards engaging with customers through every channel, with digital at the forefront.
By submitting your personal information, you agree that TechTarget and its partners may contact you regarding relevant content, products and special offers.
You also agree that your personal information may be transferred and processed in the United States, and that you have read and agree to the Terms of Use and the Privacy Policy.
Patel estimates it will be at least nine months before Cisco completes its software integration, and a year before its hardware is integrated with P-Cube's technology.
Cisco hopes to use the technology to encourage providers to offer more advanced services, such as voice over IP, gaming, video on demand and peer-to-peer offerings. Such services can be monitored and metered with P-Cube's software.
Five-year-old P-Cube has 118 employees, the majority of whom will be offered positions at Cisco, according to a Cisco spokesman.
Stacy Cowley writes for IDG News Service
Start the conversation
0 comments