Telecommunications Industry News
Cisco Systems Announces Pending Acquisition of NeoPath Networks
6:00 am on March 16, 2007 | Category: Business, Corporate, Software, Web Services
Cisco Systems revealed earlier this week that it is in the process of acquiring NeoPath Networks, a privately owned provider of file storage management solutions.
NeoPath’s File Director products will be integrated with Cisco’s Data Center, Switching, and Security Technology products, the networking giant explained in a statement. The new technology is expected to enhance Cisco’s Service-Oriented Network Architecture (or SONA).
Terms of the NeoPath purchase, which is expected to close by April 28, were not disclosed.
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Published by TeleClick Enterprises
Edited by Jeremy Maddock
