Telecom Lead America: Networking major Cisco is set
to acquire privately held Truviso.
The company said that together both companies will
provide instant access and visibility into network use and services to help
increase operational efficiencies and drive new revenue streams for customers
Based in California, Truviso provides scalable, real-time
network data analysis and reporting software. Truviso’s software analytics will
strengthen Cisco’s network management platform, Cisco Prime, with the core
technology to gather and analyze streaming data.
Truviso’s continuous query technology, with its
analyze-first, store-later capability, addresses this requirement by allowing
companies to get detailed information and visibility of network use and
services in real-time.
“Customers want to be able to tap into and better
analyze the enormous volume of data traversing their networks to identify ways
to enhance services and generate new revenue opportunities. Embedding Truviso’s
real time business intelligence into the network will help customers unlock
these capabilities at the speed of the network,” said Jamie Lerner, vice
president and general manager, Cisco Network Management Technology Group.
The company added that the Truviso acquisition will
reinforce its commitment to delivering intelligent networks and supports its
five foundational priorities that are core, data center, virtualization,
collaboration, and video with differentiated analytics technology.
At the completion of the acquisition, the Truviso team
will be integrated into the Cisco Network Management Technology Group.
Specific financial terms of the transaction are
undisclosed. The acquisition of Truviso is subject to various standard closing
conditions and is expected to be complete in the fourth quarter of Cisco’s
fiscal year 2012.
Last year, Cisco acquired privately-held Versly. Versly integrates collaboration capabilities
via a plug-in into Microsoft Office applications.
Cisco invests $100 million in Insieme
In order to boost its new product offerings and build
something called “software defined networking” products, Cisco
Systems invested $100 million in Insieme, a networking startup focused on
research and development in the datacenter market.