Cisco will acquire AXIOSS software
On August 21, 2011, Cisco announced that it intends to acquire the software assets and employees from Axiom systems, a UK-based subsidiary of Comptel Corporation. The deal is expected to be completed in the third quarter of 2011 and will grant Cisco access to a wide assortment of network and service management technology.
The AXIOSS software suite is a fulfillment program that provides management capabilities for its five company priorities – core (routing, switching and services), collaboration, video, data center visualization and cloud, and architectures for business transformation. It will also augment Cisco Prime, a program that helps service providers to manage their network services.
Jordi Ferrer, the managing director of Cisco (UK Service Provider and Media), spoke briefly about the deal. He stated, “Through the acquisition of AXIOSS software and talent we will be investing in a unique set of technology and skills in the UK that will be a valuable addition to Cisco’s network management portfolio.” He also indicated that the network technology would enhance the speed and lower the cost of voice, video and data services.
The terms of the agreement state that Cisco will pay approximately $31 million for the software assets and employees. The AXIOSS team will also use its software development skills to support Cisco Prime and be fully integrated into the Cisco Advanced Services Group and CiscoNMTG.
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