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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 billion in software revenue. Software subscriptions accounted for 81 percent of its total software reve...

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 automati...

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 a...

May 11, 2021 2:34pm No financial terms were announced but one estimate described Cisco's acquisition of Sedona as a $100 million deal.(designer 491 iStockPhoto) Cisco Systems intends to acquire Israel-based Sedona Systems in a bid to add more network visibility and automated operation capabilities to its Routed Optical Networking family. The deal, announced in a blog post by Kevin Wollenweber, vice president of networking for Cisco's Mass-Scale Infrastructure Group, comes a little over a month after Cisco announced its Routed Optical Networking offering, a major piece of the vendor's Conve...

Cisco to acquire Sedonasys Systems for innovative NetFusion platform ZDNet 3 days ago © (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.  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 and operate networks at massive scale for the billions of new users coming down the pipeline, the i...