RESEARCH TRIANGLE PARK – Cisco, following up on its announcement last week to create a faster internet, says it is buying a firm whose focus is reducing latency and improving network performance.
The deal for Australia-based Exablaze, which is privately held, was announced Monday. Financial terms were not disclosed.
Exablaze manufactures networking devices.
Why make the deal?
“Network capacity and speed are today’s bread and butter for data intensive, highly transactional-based businesses requiring optimized bandwidth performance in industries and market segments like high-frequency trading (HFT), financial services, high-performance computing, and emerging AI/ML clusters,” wrote Rob Salvagno, Vice President of Corporate Development and Cisco Investments, in a blog post.
“Integrating Exablaze’s innovative products and technology into the Cisco portfolio will give our customers the latest field programmable gate array (FPGA) technology providing them with the flexibility and programmability they require.
“In the case of the high frequency trading sector, every sliver of time matters. By adding Exablaze’s segment leading ultra-low latency devices and FPGA-based applications to our portfolio, financial and HFT customers will be better positioned to achieve their business objectives and deliver on their customer value proposition.”
Cisco operates one of its largest corporate campuses in RTP where it employs several thousand people.
