Cisco completed its acquisition of privately held Ubiquisys for approximately $310 million in cash and retention-based incentives.
Ubiquisys, which is based in Swindon, U.K., specializes in 3G and LTE small-cell technologies that provide seamless connectivity across mobile heterogeneous networks for service providers. Ubiquisys employees will be integrated into the Cisco Mobility Business Group, reporting to Partho Mishra, vice president and general manager, Service Provider Small Cell Technology Group.
Cisco said Ubiquisys' indoor small-cell expertise and focus on intelligent software for licensed 3G and LTE spectrum, coupled with its own mobility portfolio and Wi-Fi expertise, gives it a comprehensive small-cell solution for service providers that supports the transition to next-generation radio access networks.
http://newsroom.cisco.com/press-release-content?type=webcontent&articleId=1196947
- Ubiquisys investors included Accel Partners, Advent Venture Partners, Atlas Venture, 5 Continents Consulting Group (5CCG), Pacific Venture Partners, SerComm Corporation, UMC Capital Corporation, Yasuda Enterprise Development Co and T-Mobile Venture Fund.
