Wednesday, January 23, 2013

Cisco to buy Israel-based software maker for $475 million

(Reuters) - Cisco Systems Inc said it will buy Israeli software maker Intucell for about $475 million in cash to expand its mobile network management offerings.

Privately held Intucell makes software that helps mobile carriers manage cellular networks automatically.

(Reporting by Supantha Mukherjee in Bangalore; Editing by Maju Samuel)

No comments:

Post a Comment