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Cisco to acquire software assets of AXIOSS |
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Cisco has announced its intent to acquire service fulfillment software assets and associated employees from the UK subsidiary (formerly Axiom Systems) of parent company Comptel Corporation. Cisco will pay approximately $31 million in cash for the acquisition, which is subject to various closing conditions and is expected to be complete in the third quarter of calendar year 2011. In its statement, Cisco said the acquisition would allow it to extend network and service management technologies across its next-generation Internet Protocol (IP) network platforms and enable service providers to more quickly and efficiently launch new video, data, mobility and cloud services to their customers. The AXIOSS software suite is a fulfillment platform that automates ordering and fulfillment, adding value to Cisco's service provider management offering. It will provide management capabilities for network services across Cisco’s five company priorities, and will enhance Cisco Prime, which enables service providers to better manage their networks and network services. Jesper Andersen, senior vice president and general manager, Network Management Technology Group (NMTG) said the move is driven by an ever-increasing number of users connecting mobile Internet devices and using bandwidth intensive applications, which in turn drive the explosive growth in IP-based networks, leading to investments by service providers in infrastructure. “With the acquisition of AXIOSS software and talent, we will help enable service providers to generate greater profits using a single management architecture to drive quick monetization and optimization of their Cisco network investments.” Cisco said the AXIOSS team will bring strong software development and professional services skills to support the Cisco Prime platform, and upon closing will be integrated into the CiscoNMTG and Cisco Advanced Services Group. |
LISTS AND RESEARCH
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Global Software Top 100 - Edition 2011
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