Reuters: Technology News: Cisco to buy privately held network software co

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Cisco to buy privately held network software co Nov 29th 2012, 13:44 Tweet Share this Email Print Related Topics Tech » Deals » Global Deals Review: 2011 Q3 » Global Deals Review: 2011 Q2 » Global Deals Review » Inflows Outflows » A sign marking a Cisco office is pictured in San Diego, California November 12, 2012. Credit: Reuters/Mike Blake Thu Nov 29, 2012 8:44am EST (Reuters) - Cisco Systems Inc said it will buy privately held network traffic-management software maker Cariden Technologies Inc for about $141 million in cash. Cariden will be integrated into Cisco's service provider networking group unit, Cisco said. California-based Cariden supplies network planning, design and traffic management solutions for telecommunications service providers. This is Cisco's third acquisition in November. Earlier this month Cisco said it will buy privately held cloud networking company Meraki for $1.2 billion in cash as part of its cloud and networking strategy. Cisco shares were slightly up at $18.91 in trading before the bell on Thursday after closing at $18.83 on the Nasdaq on Wednesday. (Reporting by Supantha Mukherjee and Chandni Doulatramani in Bangalore; Editing by Akshay Lodaya) Global Deals Review: 2011 Q3 Global Deals Review: 2011 Q2 Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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