Cisco Systems completed its acquisitions of Procket Networks and Parc Technologies.
Procket, a start-up based in Milpitas, California, is a developer of concurrent services routers and has expertise in silicon and software development. Procket's engineering team will become part of Cisco's Routing Technology Group.
Parc Technologies is a spin off from a renowned center for research into search algorithms based at Imperial College, University of London. Parc's Route Server algorithms address network routing problems involving complex Quality of Service constraints. Parc's technology will be used by Cisco in the planning and optimization of Multiprotocol Label Switching (MPLS) TE. Specifically, Cisco will gain Parc's Route Server Software for Primary and Backup MPLS TE tunnel placement, and also a hybrid optimization algorithm development platform. http://www.cisco.com
Saturday, August 7, 2004
Cisco Closes Two Acquisitions
Saturday, August 07, 2004
Financial