Cisco to acquire Truviso
Network equipment provider Cisco is to acquire Truviso, a provider of scalable, real-time network data analysis and reporting software, for an undisclosed sum.
The acquisition will allow the two companies to provide instant access and visibility into network use and services to help increase operational efficiencies and drive new revenue streams for customers.
Truviso’s software analytics is to also strengthen Cisco’s network management platform, Cisco Prime, with the core technology to gather and analyse streaming data.
“Customers want to be able to tap into and better analyse the enormous volume of data traversing their networks to identify ways to enhance services and generate new revenue opportunities,” said Jamie Lerner, vice-president and general manager, Cisco Network Management Technology Group.
“Embedding Truviso’s real-time business intelligence into the network will help customers unlock these capabilities at the speed of the network.”
The Truviso team will be integrated into the Cisco Network Management Technology Group, and the deal, which is subject to closing conditions, is expected to close in Cisco's 2012 fourth quarter.
Truviso is a privately held company based in Foster City, California.