Cisco Systems has settled a definitive agreement to acquire the developer of wide-area file services software, Actona Technologies. This merger agreement will cost Cisco approximately $82 million in cash. It should be closed by the first quarter of fiscal 2005.
Cisco said it currently offers a full service branch solution that combines enhanced wide area network (WAN) connectivity with advanced network security, IP voice communications, and business application and video acceleration services on a common platform. With Actona’s technology the Company expects to increase that offering by expanding the functionality of Cisco’s branch office access router portfolio with intelligent network services that enable WAN-optimized file transfer and access. In parallel, Actona will extend Cisco‘s solutions for Data Center Storage Consolidation to the branch office. Actona was founded in 2000 and has 48 employees in the United States and Haifa, Israel.
2004-06-30
Notícias – Press-Releases