Cisco to buy network optimization firm Intucell for $475M
Network equipment manufacturer <a href="http://macnn.com/rd/277850==http://www.cisco.com/" rel='nofollow'>Cisco</a> is intending to acquire Israel-based networking software producer <a href="http://macnn.com/rd/277851==http://intucellsystems.com/" rel='nofollow'>Intucell</a> for $475 million. The deal would give Cisco more options to offer its customers in terms of software-defined networking, as well as access to Intucell's existing agreements with telecommunications companies such as AT&T, something that Intucell provides some of the infrastructure for. <br />
Founded in 2008, Intucell creates software that allows cell towers to communicate and manage the coverage area of individual wireless cells in real-time, according <a href="http://macnn.com/rd/277847==http://allthingsd.com/20130123/cisco-acquires-israels-intucell-for-475-million/" rel='nofollow' target="_self" title="">to</a> <em>All Things D</em>, with the added benefit of allowing wireless networks to effectively "repair" themselves with minimal human intervention. Intucell is backed by $6 million in investment from Bessemer Venture Partners, whom will receive roughly half of the $475 million price when the deal closes in the third quarter of 2013.
Intucell is the most recent of Cisco's software-based acquisitions in recent months. At the end of November last year, it bought <a href="http://macnn.com/rd/277848==http://www.electronista.com/articles/12/11/29/cisco.to.buy.network.traffic.management.software.c ompany/" rel='nofollow' target="_self" title="">Cariden Technologies</a>, a company dealing with traffic management, network planning, and design for telecoms companies, for $141 million. Earlier that same month, Cisco acquired cloud startup <a href="http://macnn.com/rd/277849==http://www.electronista.com/articles/12/11/18/mit.research.project.bought.for.networking.know.ho w/" rel='nofollow' target="_self" title="">Meraki</a>, an MIT research project that turned into a 330-employee company that manages networking infrastructure and cloud-based management software for mid-sized organizations, for $1.2 billion.
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