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Cisco Systems Inc Completes Acquisition Of ClearAccess
Cisco Systems Inc announced that it has completed the acquisition of privately held ClearAccess, a Vancouver, Wash. based company that provides TR-069 standards based software to service providers for the provisioning and management of residential and mobile devices. This acquisition includes ClearAccess' software business and talent. Cisco and ClearAccess' combined network management and software capabilities will enable service providers to better deliver, manage and monetize their services, while helping to improve operational efficiencies and customer experiences. The ClearAccess team will be integrated into the Cisco Network Management Technology Group. Specific financial terms of the transaction are undisclosed.
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