Saturday, 23 September 2017

Cisco to acquire Jasper for $1.4bn

By Nick Wood, Total Telecom
Thursday 04 February 16

Jasper CEO Jahangir Mohammed to lead networking giant's new IoT software division; deal expected to close in third quarter.

Cisco ramped up its Internet of Things (IoT) strategy on Thursday with the US$1.4 billion (€1.26 billion) acquisition of IoT platform provider Jasper. Headquartered in California, Jasper boasts 3,500 enterprise customers and 27 operator partners, and reaches 100 countries. It provides IoT connectivity and related services to a number of verticals, such as logistics, retail, and home automation…

Cisco ramped up its Internet of Things (IoT) strategy on Thursday with the US$1.4 billion (€1.26 billion) acquisition of IoT platform provider Jasper. Headquartered in California, Jasper boasts 3,500 enterprise customers and 27 operator partners, and reaches 100 countries. It provides IoT connectivity and related services to a number of verticals, such as logistics, retail, and home automation…

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