Cisco is set to acquire telecommunications software firm Cariden Technologies for $141m.
Cariden develops traffic management and network planning software for telecommunication operators. Cisco's purchase adds to the growing list of firms the technology heavyweight has purchased in recent months.
"The Cariden acquisition reinforces Cisco's commitment to offering service providers the technologies they need to optimise and monetise their networks, and ultimately grow their businesses," said general manager of Cisco's Service Provider Networking Group, Surya Panditi.
"Given the widespread convergence of IP and optical networks, Cariden's technology will help carriers more efficiently manage bandwidth, network traffic and intelligence. This acquisition signals the next phase in Cisco's packet and optical convergence strategy and further strengthens our ability to lead this market transition in networking."
Cariden creates software that helps telecommunication firms virtualise their network management operations. The firm offers the Mate line of products for integrated use in telecommunication planning, engineering, and operational tasks.
Cisco is keen to use the company's management software for use in its nLight technology, which provides streamlined integration between IP and optical networks.
The acquisition will see Cariden employees become integrated into Cisco's service provider networking group. The deal is still subject to a number of formal considerations and is expected to close by the second quarter of 2013.
Cisco's acquisition comes on the heels of another recent purchase, including cloud computing firm Meraki which it agreed to acquire earlier this month.