Cisco is set
to acquire service fulfillment software assets and associated employees from
the UK subsidiary (formerly Axiom Systems) of parent company Comptel
Corporation.
The
acquisition will enable Cisco to extend network and service management technologies across its
next-generation Internet Protocol (IP) network platforms and enable service
providers to more quickly and efficiently launch new video, data, mobility and
cloud services to their customers.
As more
users, connected mobile Internet devices and bandwidth intensive applications
drive the explosive growth in IP-based networks, service providers continue to
invest in their infrastructure to support customers’ needs,” said Jesper
Andersen, senior vice president and general manager, Network Management
Technology Group (NMTG), Cisco.
With the
acquisition of AXIOSS software and talent, Cisco will help enable service
providers to generate greater profits using single management architecture to
drive quick monetization and optimization of their Cisco network investments.
Cisco will
acquire the AXIOSS software suite, a fulfillment platform that strengthens the
Cisco service provider management offering by automating ordering and
fulfillment.
The software
will provide management capabilities for network services across Cisco’s five
company priorities, and it will enhance Cisco Prime, which enables service
providers to better manage their networks and network services.
By
integrating service management and fulfillment capabilities into Cisco Prime,
Cisco continues to demonstrate its commitment to innovate around the
convergence of services and networks.
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,” said Jordi Ferrer, managing director, UK Service
Provider and Media, Cisco.
The AXIOSS
software suite has already been integrated into the Cisco managed services
solutions. The Cisco Advanced Services operational support systems practice
will offer implementation, customization and integration services for the Cisco
Prime fulfillment platform as a result of the acquisition.
The AXIOSS
team will bring strong software development and professional services skills to
support the Cisco Prime platform. Upon the close of the acquisition, the AXIOSS
team will be integrated into the Cisco NMTG and Cisco Advanced Services Group.
Under the
terms of the agreement, Cisco will pay approximately $31 million in cash for
the acquisition. The acquisition is subject to various standard closing
conditions and is expected to be complete in the third quarter of calendar year
2011.
By
Telecomlead.com Team
[email protected]
