Cisco Systems (NASDAQ:CSCO, news, filings) kept up its pace of acquisitions this morning with the announcement of its intent to acquire the Israeli software maker Intucell. Intucell’s main product line is software for self-optimizing networks, which enable mobile carriers to ‘plan, configure, manage, optimize and heal cellular networks automatically, according to real-time changing network demands’. Sounds like SDN for wireless equipment.
Cisco has been on an M&A rampage over the past few months, acquiring technology to fill out its networking management capabilities across the board. In November they announced deals for Cariden and Meraki, and in December it was Cloupia and BroadHop. Intucell fits right along with those, and if anything Cisco’s January is a deceleration unless they add another this month.
The purchase will cost them a mere $475M from their giant cash horde, and upon the anticipated Q1 closing Intucell’s employees will be folded into Cisco’s Service Provider Mobility group.
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Categories: Mergers and Acquisitions · Telecom Equipment
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