Networking - Wednesday, January 12, 2005
Cisco M&A Machine Back Up
Cisco acquired Wireless LAN networking company Airespace for $450M. Cisco's last acquisition of this magnitude was in March 2003, when it bought consumer wireless device maker Linksys for $500M. This is great news for other networking startups. Airespace had about 7% of the newer market, compared to Cisco's 50%.
Read - Cisco buys wireless start-up for $450 million (News.com)
View Profile of Airespace Competitor - Aruba Networks (The a:c)
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