Home Page News Briefs People Media Telecom Archives About Us GET FREE NEWS UPDATES
Advertising Subscribe Reuse & Permissions
The Hill Times Parliament Now The Lobby Monitor HTCareers

NL International Briefs

News | 11/25/2004 5:00 am EST

Cisco Systems to acquire Jahi Networks for $16 million
Cisco Systems Inc. announced November 17 that it had reached a definitive agreement to acquire San Jose CA-based Jahi Networks Inc. for $16 million in cash and assumed options. The acquired company is a provider of network management appliances designed to simplify device deployment, configuration and management. The deal is subject to various standard closing conditions and is expected to close in the second quarter of Cisco’s fiscal year 2005. "Jahi’s technology will help Cisco build a practical and unique solution for management of existing and new devices," said Cliff Meltzer, senior VP for Cisco’s Network Management Technology Group. Upon close of the deal, the Jahi team will become a part of the Network Management Technology Group. Jahi was founded in 2003 and has 20 employees.

This content is available to wirereport.ca subscribers

Already a subscriber? Sign in here

Unlock all the Canadian telecom, broadcasting and digital media news you need.

Take a free trial or subscribe to The Wire Report now.

FREE TRIAL

Two weeks free access to thewirereport.ca and our exlusive newsletters.

Register for free

* Required

SUBSCRIBE

Unlimited access to thewirereport.ca and our exlusive newsletters.

Continue

* Required

Reuse & Permissions

Unauthorized distribution, transmission, reuse or republication of any and all content is strictly prohibited. To discuss re-use of this material, please contact:

Customer Care, 613-688-8821 | subscriptions@hilltimes.com