California-based Nemo develops a memory chip for network systems which Cisco plans to incorporate in its core switching platforms.
The network giant promised last year that it would double its number of product launches this in 2005. Earlier this year chief executive John Chambers predicted that he would be announcing four new "advanced technologies" in the next four quarters.
An 'advanced' technology in Cisco's vocabulary is one from which the company expects to make more than $1bn per year in revenues. Current examples are home networking and storage area networks.
Australian government to require technology and communications companies to provide access to messages
New bill avoids demanding 'backdoors' in encryption, but includes measures to compel companies to provide access to encrypted communications
Indonesian overclocker Ivan Cupa (with the aid of a lot of liquid nitrogen) achieves record overclock on AMD's latest Threadripper
Ssupermassive black hole is so big it corresponds to four per cent of the galaxy's total mass
Imminent attack will target a single bank with cloned cards used to fraudulently withdraw millions over one weekend