Cisco to acquire Pari Networks
Cisco Systems intends to acquire privately held Pari Networks, a provider of network configuration and change management (NCCM) and compliance management software. Financial terms of the transaction were not disclosed.
Based in Milpitas, Calif., and Hyderabad, India, Pari Networks' technology will integrate into Cisco's smart services and help accelerate the ability of Cisco and its partners to manage the health and stability of customer networks through personalized services, San Jose, Calif.-based Cisco stated.
The acquisition is subject to various standard closing conditions and is expected to be complete in the third quarter of Cisco's fiscal year 2011. Upon the close of the acquisition, Pari Networks employees will be integrated into Cisco's Technical Services.
Based in Milpitas, Calif., and Hyderabad, India, Pari Networks' technology will integrate into Cisco's smart services and help accelerate the ability of Cisco and its partners to manage the health and stability of customer networks through personalized services, San Jose, Calif.-based Cisco stated.
The acquisition is subject to various standard closing conditions and is expected to be complete in the third quarter of Cisco's fiscal year 2011. Upon the close of the acquisition, Pari Networks employees will be integrated into Cisco's Technical Services.