Contact Information: Press: John Noh (408) 853-8445 jnoh@cisco.com Industry Analysts: Laura Irwin (408) 853-8876 lirwin@cisco.com Investor Relations: Matt Tractenberg (408) 525-3170 matthew2@cisco.com
Cisco Announces Definitive Agreement to Acquire Cognio
Cognio's Spectrum Intelligence Technology to Enhance, Complement Cisco's Unified Wireless Network Vision
| Source: Cisco Systems, Inc.
SAN JOSE, CA--(Marketwire - September 18, 2007) - Cisco® (NASDAQ : CSCO ) today announced a
definitive agreement to purchase Germantown, MD-based Cognio, Inc., the
market leader in wireless spectrum analysis and management for wireless
networks.
Cognio's industry-leading spectrum technology enhances performance,
reliability and security of wireless networks by detecting, classifying,
locating and mitigating sources of radio frequency (RF) interference. The
acquisition will provide Cisco with complementary and differentiating
technology, intellectual property and a core team to expand Cisco's
leadership in unified wireless networking.
Wireless and mobility are becoming mission critical components of today's
networks, with businesses viewing the wireless spectrum as a strategic
corporate asset. Businesses now require robust, next generation wireless
networks to support the unprecedented growth of wireless devices and the
increased reliance on mobility applications. Cognio's spectrum intelligence
solution enables network managers to proactively manage their wireless
spectrum and minimize RF interference for an optimal user experience.
"With a strong product and technology portfolio and consistent innovation
from a talented group of engineers, Cognio has emerged as the leader in
spectrum intelligence technology," said Brett Galloway, vice president and
general manager of the Wireless Networking Business Unit, Cisco. "Wireless
spectrum is a strategic asset for our customers, and its management is key
to the robust delivery of mobility applications. Cognio's innovation in
spectrum intelligence will help ensure Cisco continues to differentiate our
ability to deliver our customers rich and dependable end-user mobility
experiences."
The Cognio acquisition complements Cisco developed technology as well as
expertise from other acquisitions that Cisco has made in the wireless
networking space. This acquisition will expedite the delivery of
industry-changing capabilities and is consistent with how Cisco uses
business development strategies to move into new markets or to gain new
technologies. Cisco classifies wireless networking as a Cisco Advanced
Technology -- one of six -- with application networking services, home
networking, security, storage networking and unified communications being
the others.
The Cognio acquisition is subject to various standard closing conditions
and is expected to close in the first quarter of Cisco's 2008 fiscal year.
Upon the close of the acquisition, Cisco plans to integrate Cognio into its
Wireless Networking Business Unit, under the Ethernet and Wireless
Technology Group.
The Cognio acquisition will be No. 122 for Cisco and the first one in
fiscal year 2008.
About Cisco Systems
Cisco (NASDAQ : CSCO ) is the worldwide leader in networking that transforms
how people connect, communicate and collaborate. Information about Cisco
can be found at http://www.cisco.com. For ongoing news, please go to
http://newsroom.cisco.com.
Cisco, Cisco Systems and the Cisco Systems logo are registered trademarks
of Cisco Systems, Inc. in the U.S. and certain other countries. All other
trademarks mentioned in this document are the property of their respective
owners.
For direct RSS Feeds of all Cisco news, please visit "News@Cisco" at the
following link:
http://newsroom.cisco.com/dlls/rss.html