Cisco to acquire Greenfield Networks
Source: voipcentral.org
US-based leading VoIP equipment manufacturer, Cisco Systems has agreed to acquire Greenfield Networks Inc., a privately owned company focused on delivering innovative networking solutions for enterprise and metro markets.
Both the companies have not revealed financial details of the high profile deal. Cisco just indicated that it has agreed to acquire Greenfield to enhance its existing line of Metro Ethernet products.
Commenting on the acquisition Cisco says,
By integrating Greenfield Networks technology with Cisco’s family of metro Ethernet switches, we will be able to improve the time to market of new carrier-class features to our service provider partners.
Founded in 2000, Greenfield Networks has a strong base in California, USA and Bangalore, India. Currently, it has near about 60 employees.
Via:[Zdnet]
