Cisco to buy FineGround
Dinesh C. Sharma writes in C|Net News:
Cisco Systems on Thursday announced it will take over FineGround Networks, a privately held company specializing in network optimization technologies.
The deal is worth $70 million in cash and options, Cisco said. It is subject to regulatory approvals and is likely to close before July. FineGround, started in 2000, has 42 workers. It will be integrated with Cisco's security technology group, and its products will be sold through Cisco's sales channels.
posted by Fergie @ 5/26/2005 10:24:00 AM
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