Contact Information: Press Contact: Ron Piovesan Cisco Systems, Inc. 408 527-0287 rpiovesa@cisco.com
SAN JOSE, CA--(Marketwire - June 11, 2007) - Cisco Systems (NASDAQ : CSCO ) today announced
it has completed the acquisition of privately held BroadWare Technologies,
a leading provider of IP-based video surveillance software. BroadWare's
software enables web-based monitoring, management, recording and storage of
audio and video that can be accessed anywhere by authorized users.
With the close of this acquisition, Cisco will be able to help customers
easily gain access to live and recorded surveillance video for faster
investigation response and event resolution. The BroadWare acquisition
complements Cisco's existing video surveillance product offering, which
provides a smooth migration path from analog surveillance video to a
digital network solution.
By using the IP network as a platform to converge applications, companies
can easily integrate and synchronize video with other safety and security
systems as well as other business tools. This creates the opportunity for
new innovative capabilities to be delivered, maximizing the value of live
and recorded surveillance video. BroadWare Technologies will help Cisco
provide this value to its customers across different environments including
commercial and enterprise branch offices, campus/headquarters and large
public sector applications.
The BroadWare team and product portfolio are now part of Cisco's Emerging
Technologies Group, reporting into Marthin De Beer, Senior Vice President.
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