Fergie's Tech Blog

Cisco's Watching You (Again)

Phil Harvey writes on Light Reading:

Cisco Systems Inc. is moving further along in the world with its purchase of BroadWare Technologies Inc., announced last night at 11:59 p.m. ET.

BroadWare, which is not a women-only software firm, makes IP-based video surveillance software. The acquisition price wasn't revealed, but BroadWare is an established firm, founded in 1995, with 38 employees and offices in Santa Clara, Calif. and McLean, Va.

Last year, Cisco agreed to pay $51 million in cash and options for SyPixx Networks Inc., a Waterbury, Conn.-based firm that was also in the video surveillance game.

But while SyPixx focused on hardware and appliances, BroadWare is a pureplay IP software company. The combination of the two firms will give Cisco an opportunity in dozens of vertical markets (casinos, retail, defense agencies) that benefit from networked video surveillance, says Steve Collen, director of product marketing for Cisco's physical security team.

posted by Fergie @ 5/22/2007 07:13:00 PM