Sheer Networks supplies intelligent network and service management products for service providers and large enterprises. The acquisition is expected to close in the first quarter of Cisco's fiscal 2006.
"This acquisition will strengthen our ability to provide innovative and effective network management solutions," said Cliff Meltzer, senior vice president at Cisco's Network Management Technology Group.
"Sheer Networks has a similar philosophy and parallel architecture which will accelerate the delivery of Cisco's next-generation management platform and advanced applications to our service provider customers."
Sheer Networks' virtual network model hides the complexity of physical networks in a way that makes them accessible to a variety of management applications.
The company's 100 employees, some of whom are based in Israel, will report to Cisco's Network Management Technology Group.
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