Cisco has confirmed that it has reached agreement to acquire home networking and management vendor Pure Networks for £60m.
With businesses tightening the purse strings, Cisco has stepped up its efforts to flesh out its consumer business.
Pure Networks will be melded into Cisco's consumer brand Linksys, with whom it currently partners on the Linksys Easy Link Advisor (LELA), a home network management system.
"Pure Networks' network-management innovations will provide Cisco and Linksys with a key underpinning to take home networking to the next level of ease of use," said Ned Hooper, senior vice president for Cisco's corporate development and consumer group, in a statement.
Cisco to acquire Pure Networks
Got a news tip for our journalists? Share it with us anonymously here.
itweek.co.uk @ 2010 Incisive Media
Partner Content
AI PCs shift from hype to revenue opportunity for partners
Promoted Content
Why Australia’s Industrial Leaders Are Turning to Dynamic Aspect for Dynamics 365 Business Central
Promoted Content
Have ticket queues become your quiet business risk?
Promoted Content
Jabra launches PanaCast U30 video bar for easier BYOD meetings
Building higher tier service offerings with cost-effective, proactive monitoring




