Cisco Systems agreed to acquire Sipura, a start-up offering VoIP customer premise equipment technology, for approximately $68 million in cash and options. This represents Cisco's first acquisition for its Linksys division. Sipura is a key technology provider for Linksys' current line of VoIP networking devices.
Sipura's technology is incorporated in VoIP adapters (including those integrated into home routers and gateways) and a multi-line IP phone for the consumer and SOHO market. The company is based in San Jose, California.
Dr. Sin leads the development of communication protocols and DSP algorithms for all of Sipura's product lines. He came to Sipura Technology from Cisco Systems where he was a senior engineering manager. Before that, he was an engineering manager at Komodo Technology, which was later acquired by Cisco.
"VoIP is a strategic segment for innovation and growth for Cisco and Linksys. The acquisition of Sipura will augment Linksys' leading position in the rapidly growing VoIP market and is an example of Linksys' strategy to increase internal R&D capabilities in specific product categories," said Charles Giancarlo, Cisco CTO and Cisco-Linksys president.
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- Sipura is headed by Jan Fandrianto, who was the founder and CEO of Komodo Technology, a developer of VoIP devices that was acquired by Cisco Systems in July 2000 for $175 million. Sipura's engineering team is led by Dr. Sam Sin, who previously was a senior engineering manager at Cisco Systems. Before that, he was an engineering manager at Komodo Technology.