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May 20, 2021
For the first time since the start of the COVID-19 pandemic, Cisco Systems saw growth across all its businesses, including its Infrastructure segment, which bounced back as enterprises prioritized return to office transformations and hybrid work. Cisco now has one of the largest software businesses in the industry with an annual run rate of north of US$14 billion in software revenue, said Cisco Chairman and CEO Chuck Robbins. During Q3 2021, which ended May 1, the tech giant achieved US$3.8 bil...
May 12, 2021
Israeli startup Sedona Systems, a provider of multilayer network intelligence and automation solutions, is set to be acquired by Cisco, the tech conglomerate indicated on Tuesday. Kevin Wollenweber, VP of networking for Ciscoās Mass-Scale Infrastructure Group, wrote a post announcing the multinationalās intent to acquire the Israeli company, without indicating the financial terms. Israeli business daily CTech by Calcalist estimated the value of the transaction at $100 million. Founded in 20...
May 12, 2021
Cisco Systems plans to acquire Sedonasys Systems, also known as Sedona Systems, a maker of communications technologies. The networking giant revealed its intent to buy Sedona Systems for its NetFusion platform, its Hierarchical Controller (HCO) for optimising, simplifying and automating network control. The two companies did not disclose financial details of the transaction. However, Israeli business news site Calcalist estimated the deal to be worth US$100 million. The NetFusion platform autom...
May 12, 2021
May 11, 2021 2:34pm No financial terms were announced but one estimate described Ciscos acquisition of Sedona as a $100 million deal.(designer 491 iStockPhoto) Cisco Systems intends to acquireĀ Israel-based Sedona Systems in a bid to add more network visibility and automated operationĀ capabilities to itsĀ Routed Optical Networking family. The deal, announced in a blog post by Kevin Wollenweber, vice president of networking for Ciscos Mass-Scale Infrastructure Group, comes a little over a month...
May 11, 2021
Cisco to acquire Sedonasys Systems for innovative NetFusion platform ZDNet 3 days ago Ā© (Image: Shutterstock) Cisco announced on Tuesday that it was acquiring Hierarchical Controller market leader Sedonasys Systems in an effort to beef up its multi-vendor, multi-domain automation, and software-defined networking offerings.Ā Kevin Wollenweber, vice president of product management in the Service Provider Network Systems for Cisco, explained in a blog post that in order to expand the internet...
May 11, 2021
Cisco To Acquire Sedona Systems To Boost Optical Networking Chops The networking giant revealed its intent to buy California-based Sedona Systems for its NetFusion platform, which will help Cisco with 5G network slicing, routed optical networking, and disaggregation. By Gina NarcisiĀ May 11, 2021, 01:04 PM EDT Cisco Systems plans to acquire Sedonasys Systems, also known as Sedona Systems, a maker of communications technologies. The networking giant revealed its...