Cisco buying data analysis software maker Truviso
Cisco (Nasdaq: CSCO), in a move that will give its network management business more punch, today announced it would buy privately held Truviso, which provides scalable, real-time network data analysis and reporting software.
Terms of the deal were not disclosed, but the company said it's expected to close in the fourth quarter of Cisco's 2012 fiscal year.
In a blog post, head of corporate business development Hilton Romanski said the deal for the Foster City, Calif.-based company "reinforces Cisco's commitment to delivering intelligent networks..." and provides "differentiated solutions with streaming real-time analytics for the core, data center, virtualization, collaboration, and video."
The company, which has been on a buying binge of late, said Truviso's software and network management platform Cisco Prime will be able to provide instant access and visibility into network use and services to help increase operational efficiencies and drive new revenue streams for customers.
That capability is increasingly important as the number of end-user devices and growth in network-connected applications combine to exponentially increasing the amount of data on the network.
"Customers want to be able to tap into and better analyze 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."
- see this release
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