Cisco snaps up IPMobile

Summary:Cisco Systems, Inc. will acquire privately-held IPMobile Inc.

Cisco Systems, Inc. will acquire privately-held IPMobile Inc. in a $425 million deal designed to boost its presence in the wireless mobile market. IPMobile, based in Richardson Texas, makes software for service providers building IP-based wireless infrastructure. Full story. -- Margaret Kane, ZDII

Topics: Cisco, Networking

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