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 Cisco’s Mass-Scale Infrastructure Group, wrote a post announcing the multinational’s 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 2014, Sedona Systems developed software called NetFusion, Sedona’s network intelligence and automation platform, which offers communications service providers (CSP) a full, near real-time view of the network, enabling data-driven business decisions. NetFusion quickly became a leading, commercially deployed Hierarchical Network Controller (HCO) in the market today and has been adopted by major operators and standard bodies around the world, the company has indicated.
Sedona has developed a multi-vendor, multi-layer network controller
The NetFusion controller enables automation of the optical and packet transport layers
Cisco will add NetFusion to its Converged SDN Transport architecture
Cisco Systems is acquiring programmable network technology specialist Sedona Systems for an undisclosed sum, the giant network systems vendor has announced in this blog authored by Kevin Wollenweber, Vice President of Product Management in the Service Provider Network Systems business at Cisco.
Sedona, which has its headquarters in California and its R&D facilities in Tel Aviv, Israel, was founded about seven years ago and had raised about $20 million in funding, with Intel Capital leading its Series B round of $13.6 million in 2016. Financial details of the Cisco acquisition have not been revealed, but Israeli business media have reported a price tag of around $100 million.
Cisco indicates intent to buy Socio Labs, Sedona Systems
Network giant aims to purchase developer of technology to deliver automation for routed optical networking, and modern event technology platform provider
Share this item with your network: By Published: 12 May 2021 15:46
Cisco has entered into an agreement to buy a routed optical networking technology provider and a virtual platform on which to host virtual events.
In the first case, Cisco has agreed to purchase Sedonasys (Sedona Systems), whose NetFusion technology is said to be market leader for the hierarchical controller (HCO) that enables multi-supplier, multi-domain automation, and software-defined networking. Cisco describes HCO as “the brain” that enables network transformation such as 5G network slicing, routed optical networking, and disaggregation.
RESEARCH TRIANGLE PARK –Cisco is acquiring communications technology firm Sedona Systems in a deal reportedly worth $100 million.
Sedona is based in California.
The key to the deal is Sedona’s NetFusion platform which is designed to optimize, simplify and automate network control.
The deal was announced Tuesday.
Calcalist, a business news site, reported the deal to be worth $100 million.
Cisco operates one of its largest corporate campuses in RTP.
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 automatically discovers, aggregates, and analyses network data from multiple online systems and optical and IP sources, providing real-time, network-wide data that is then used by different NetFusion products. These products reduce the complexity, cost, time, and resources needed to plan, forecast, and operate the optimal network infrastructure, according to Sedona Systems.