Cisco Acquires Ubiquisys
Cisco just announced yet another acquisition. The company announced its intent to acquire privately held Ubiquisys for $310 million in cash and employee retention incentives.
Ubiquisys provides 3G and LTE small-cell technologies, and Cisco says the pick-up will further reinforce its commitment to service providers and strengthen its mobility capabilities. In a blog post, Cisco’s Hilton Romanski writes:
“Cisco is ‘doubling down’ on its small cell business to accelerate strong momentum and growth in the mobility market,” said Kelly Ahuja, SVP and GM of Cisco Mobility Business Group. “By acquiring Ubiquisys, we are expanding on our current mobility leadership and our end-to-end product portfolio, which includes integrated, licensed and unlicensed small cell solutions that are tightly coupled with SON, backhaul, and the mobile packet core. For service providers, Ubiquisys supports cost effective coverage and capacity that delivers a differentiated customer experience.”
The Ubiquisys team and portfolio will be integrated into Cisco’s Small Cell Technology Group, led by Partho Mishra. The acquisition is expected to close in the fourth quarter of Cisco’s fiscal year 2013.
Other recently announced acquisitions for Cisco include: Intucell, Cognitive Security, SolveDirect, and BroadHop.
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