Cisco Announces Intent to Acquire BroadHop, Buys MerakiCisco recently announced that it intends to acquire Denver, Colorado-based BroadHop, a provider of next-generation policy control and service management technology for carrier networks worldwide.
According to Cisco, this tech will be integrated into its Service Provider Mobility Group, giving service providers the ability to control, monetize and personalize the types of service they choose, on any network.
For the consumer, this means that they can purchase customized premium service packages like subscription-based on-demand streaming. The BroadHop technology allows the service provider to "add value and monetize" this particular service while the end-user enjoys a high-level of service and premium bandwidth.
"Cisco’s acquisition of BroadHop is also an evolutionary step in supporting Cisco’s Open Network Environment (ONE) for extensible network programmability," the company said. "This policy infrastructure represents the baseline to monetization of the network and will enable Cisco to develop software services that empower network operators to deliver revenue-generating services, while enhancing the end-user experience."
BroadHop has been a key service provider Wi-Fi partner for Cisco, the company said, and this acquisition is a natural extension of their collaboration as the two companies continue to engage tier-one global service providers with their combined technologies.
In addition to announcing its intent to purchase BroadHop, Cisco also said that it has completed the acquisition of Meraki Inc., a leader in cloud networking that offers mid-market customers easy-to-deploy on-premise networking solutions that can be centrally managed from the cloud.
According to Cisco, it paid approximately $1.2 billion in cash to acquire the entire business and operations of Meraki. In turn, the team will become Cisco's Cloud Networking Group while Meraki's scalable, cloud networking solutions for mid-market businesses will expand Cisco's own network offerings.
"The Meraki acquisition will also strengthen Cisco's Unified Access platform, which makes IT more responsive to business innovation by simplifying IT operations and unifying wired and wireless networks, policy and management into one integrated network infrastructure, unlike other competitive offerings," Cisco said.
The acquisition of Meraki "complements and expands Cisco's strategy to offer more software-centric solutions to simplify network management, help customers empower mobile workforces, and generate new revenue opportunities for partners," the company added.
Kevin Parrish is a contributing editor and writer for Tom's Hardware,Tom's Games and Tom's Guide. He's also a graphic artist, CAD operator and network administrator.
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