SUBSCRIBE TO TMCnet
TMCnet - World's Largest Communications and Technology Community
 
| More

TMCNet:  Cisco buys Cariden

[December 18, 2012]

Cisco buys Cariden

Dec 18, 2012 (TELECOMWORLDWIRE via COMTEX) -- Cisco (NASDAQ: CSCO) said it has completed the acquisition of privately held Cariden Technologies, Inc., a Sunnyvale, Calif.-based supplier of network planning, design and traffic management solutions for telecommunications service providers. This acquisition includes Cariden's industry-leading capacity planning and management tools for IP/MPLS (Multi-Protocol Label Switching) networks and talent.


Cariden's products and technology will advance Cisco's nLight technology for IP and optical convergence and will allow service providers to improve both the programmability of their networks and the utilization of existing network assets across the IP and optical transport layers.

The Cariden team will be integrated into Cisco's Service Provider Networking Group. Under the terms of the agreement, Cisco paid approximately $141 million in cash and retention-based incentives in exchange for all shares of Cariden.

Comments on this story may be sent to tww.feedback@m2.com

[ Back To Cisco News 's Homepage ]

FREE eNEWSLETTER


Cisco NEWS


FEATURED WHITE PAPERS


FEATURED PODCASTS


Cisco RSS FEEDS







Technology Marketing Corporation

800 Connecticut Ave, 1st Floor East, Norwalk, CT 06854 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments: tmc@tmcnet.com.
Comments about this site: webmaster@tmcnet.com.

STAY CURRENT YOUR WAY

© 2014 Technology Marketing Corporation. All rights reserved.