Cisco to Buy Intucell for $475 Million

On Wednesday, Cisco Systems (NASDAQ: CSCO  ) announced its intention to buy privately held Intucell, an Israel-based maker of "self-optimizing network software" (SON), in a deal valued at $475 million. This marks at least the fourth major cloud-related acquisition by Cisco in the past two months.

In previous deals, Cisco has announced plans to buy network planning, design, and traffic management solutions provider Cariden Technologies for $141 million, software designer Cloupia for $125 million, and Meraki for $1.2 billion. Cisco's proposed outlays in the field now approach $2 billion in total.

Cisco explained the purchase of Intucell as "adding a critical network intelligence layer to manage and optimize spectrum, coverage and capacity, and ultimately the quality of the mobile experience," and elaborated in a press release that "Intucell enhances Cisco's ability to deliver next-generation solutions with a SON software platform that supports multi-application, multi-vendor and multi-technology capabilities and enables service providers to manage operational costs and make better use of infrastructure investments."

By buying in Israel, the purchase also helps Cisco to make profitable use of the tens of billions of dollars it currently has locked up overseas to avoid U.S. taxation. The acquisition is expected to close in Cisco's Q3.

link


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

DocumentId: 2210770, ~/Articles/ArticleHandler.aspx, 4/19/2014 4:34:10 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement