Cisco to buy Israel-based software maker for $475 million

Wed Jan 23, 2013 8:22am EST

A sign marking a Cisco office is pictured in San Diego, California November 12, 2012. REUTERS/Mike Blake

A sign marking a Cisco office is pictured in San Diego, California November 12, 2012.

Credit: Reuters/Mike Blake

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(Reuters) - Cisco Systems Inc said it will buy Israeli software maker Intucell for about $475 million in cash to expand its mobile network management offerings.

Privately held Intucell makes software that helps mobile carriers manage cellular networks automatically.

(Reporting by Supantha Mukherjee in Bangalore; Editing by Maju Samuel)

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Comments (2)
Burns0011 wrote:
I thought Cisco Systems was focusing on their core business, not looking to expand.

Jan 23, 2013 2:44pm EST  --  Report as abuse
Infantization wrote:
Mobility is one of Cisco’s core businesses. They purchased Starent Networks ~3 years ago for almost 3 Billion to make it one.

Jan 23, 2013 9:57pm EST  --  Report as abuse
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