Cisco (Nasdaq: CSCO) reportedly is looking to make a major acquisition or two but in the meantime continues to gobble up smaller firms.
The latest is BroadHop, a provider of service provider management software.
Financial terms were not disclosed.
It’s Cisco’s fourth acquisition in the past month.
Cisco says BroadHop, which is based in Colorado, fits a growing demand for Internet and data management.
“With global IP traffic projected to increase threefold over the next five years – after having increased eightfold over the past five years – policy control and services creation at large scale has never been more vital for mobile and fixed communications service providers,” Cisco said in announcing the BroadHop deal Tuesday.
“Cisco plans to add a critical piece of service creation technology to its portfolio today by announcing its intent to acquire Denver, Colorado-based BroadHop, a provider of next-generation policy control and service management technology for carrier networks worldwide. BroadHop’s widely deployed policy control solutions for mobile and fixed networks will be integrated into Cisco’s Service Provider Mobility Group to provide service providers the flexibility to control, monetize and personalize the types of service they choose, on any network.”
Cisco operates its largest campus outside its California headquarters in RTP.
[CISCO ARCHIVE: Check out 10 years of Cisco stories as reported in WRAL Tech Wire.]
