Cisco to acquire Airespace
Cisco is to buy WLAN switch maker Airespace, laying down $450m worth of shares for the privately held firm.
This heralds the start of much-anticipated consolidation in the emerging enterprise-level Wi-Fi market.
Provided regulatory bodies and shareholders raise no objections, Cisco will take possession of Airespace on 30 April. If the deal goes ahead, Cisco will broaden the company's existing WLAN switch portfolio and see Airespace technology incorporated into existing Cisco products.
With the acquisition, Cisco also adds intrusion detection and location services applications from Airespace to the its WLAN offerings
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