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May 03, 2012
Cisco News - Cisco Completes Acquisition of ClearAccess
By Anil Sharma, TMCnet Contributor
Specific financial terms of the transaction were however not disclosed.
The privately held, ClearAccess provides software to help service providers manage home networks, as they grow more complex with heavier data and video traffic and connected mobile devices.
Officials with Cisco said ClearAccess will supplement Cisco Prime, its network management software.
The acquisition would broaden CISCO’s network management tools for homes and mobile devices.
Cisco is the world's largest maker of computer networking equipment.
Industry experts opined that Cisco and ClearAccess' combined network management and software capabilities will enable service providers to better deliver, manage and monetize their services, while helping to improve operational efficiencies and customer experiences.
As part of the acquisition, the ClearAccess team will be integrated into the Cisco Network Management Technology Group.
Earlier in April, AcerBrag, an iron and steel manufacturing company with over 45 years of experience in Argentina and a subsidiary of a Brazilian group, had announced that it has implemented a Cisco Unified Wireless network platform.
The goal is to develop and integrate solutions that enable bar code readers to track the company's inventory of materials in real time.
The solution is based on the Cisco Borderless Network Architecture, which has helped accelerated AcerBrag's transformation into a dynamic organization that allows people to connect with mobile devices at any time and from any place, with substantial benefits for the business.
Earlier in the same month, Cisco had announced the Industrial Ethernet (IE) 2000 switch series, a cornerstone product for the company's Connected Industries business unit and industrial network offerings.
The Cisco IE 2000 industrial switch series will help customers build intelligent networks for industrial automation, delivering highly secure, scalable connectivity from plant floor to enterprise network.
Edited by Brooke Neuman
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