All the latest UK technology news, reviews and analysis


Cisco splashes out $140m on software maker Cariden Technologies

29 Nov 2012
A Cisco logo on a building

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.

  • Comment  
  • Tweet  
  • Google plus  
  • Facebook  
  • LinkedIn  
  • Stumble Upon  
James Dohnert
About

James is a freelance writer and editor. In addition to ClickZ, his work has appeared in publications like V3, The Commonwealth Club, CachedTech.com, and Shonen Jump magazine. He studied Journalism at Weber State University.

More on Business Software
What do you think?
blog comments powered by Disqus
Poll

Windows 7 end of mainstream support

What are your plans for when Microsoft ends mainstream support for Windows 7 in January 2015?
9%
10%
3%
63%
15%

Popular Threads

Powered by Disqus
Galaxy S5 vs Galaxy Note 3 video review

Galaxy S5 vs Note 3 video review

We see how Samsung's latest flagship compares to its premier phablet

Updating your subscription status Loading
Newsletters

Get the latest news (daily or weekly) direct to your inbox with V3 newsletters.

newsletter sign-up button
hpv3may

Getting started with virtualisation

Virtualisation can help you reduce costs, improve application availability, and simplify IT
management. However, getting started can be challenging

ibmv3may

Converting big data and analytics insights into results

Successful leaders are infusing analytics throughout their organisations to drive smarter decisions, enable faster actions and optimise outcomes

Project Manager - Customer Reference Data

Project Manager-Customer Reference Data We are currently...

Test Manager / Automation / Harrogate / Financial / £50,000

Test Manager / Automation / Harrogate / Financial / £50...

IT Desktop Support Engineer - 2nd Line - Reading

£500M+ IT Solutions company requires a suitably experience...

Netsuite Technical Consultant - ERP, OO, JavaScript

Netsuite Technical Consultant - ERP, OO, JavaScript...
To send to more than one email address, simply separate each address with a comma.