Cisco purchases surveillance specialist BroadWare
Networking equipment giant appears to be running an active acquisition queue
With the ink still drying on its recently-closed purchase of WebEx, Cisco Systems has struck another acquisition deal. Today's target is BroadWare, a company specializing in software and hardware solutions for physical security monitoring and surveillance across IP networks. The acquisition will help Cisco flesh out its growing security solutions practice and video products, which includes recently purchased technologies from SyPixx and IronPort.
BroadWare uses standard MPEG encoding schemes to capture, transmit, and store information. Its incumbent clients include schools and public transportation systems. The purchase reflects Cisco's growing push to move beyond commodity network infrastructure into specific verticals and in-demand solutions.
BroadWare's price tag has not yet been publicly disclosed. The company has not yet identified the fate of BroadWare's 38 employees, located near the two US coasts. Cisco says it plans to close the acquisition by August.
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