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Cisco pays $200 million for software IP developer P-Cube

Posted: 26 Aug 2004 ?? ?Print Version ?Bookmark and Share

Keywords:cisco systems? p-cube? ip? vod? voip?

The shopping spree continues at Cisco Systems Inc., which said on Aug. 23 that it would buy privately-held P-Cube Inc., a developer of IP service platforms.

Cisco will pay about $200 million for P-Cube in a mixture of cash and stock options. The deal is expected to close in the first quarter of Cisco's fiscal 2005 subject to standard statutory conditions.

P-Cube specializes in platforms used by service providers to identify subscribers, classify applications, improve service performance and charge for multiple IP services without costly infrastructure upgrades. The acquisition will strengthen Cisco's capability to control and manage IP services such as voice-over-IP (VoIP), interactive gaming, video-on-demand (VOD), and peer-to-peer services as well as create other differentiated offerings.

The technology, which complements Cisco's Broadband Edge product portfolio, offers a stateful deep-packet inspection capability that provides application-awareness while maintaining quality-of-service through real-time application control.

P-Cube was founded in 1999 and has 118 employees. When the deal is completed, the team will report to Pankaj Patel, VP and GM of Cisco's Broadband Edge and Midrange Routing Business Unit.

- John Walko

CommsDesign.com





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