Wednesday, 19 September 2018

Cisco completes Jasper acquisition

By Nick Wood, Total Telecom
Wednesday 23 March 16

Network giant's new IoT cloud unit aims to foster ecosystem growth, address enterprise, telco demand.

Cisco on Tuesday completed its US$1.4 billion (€1.26 billion) acquisition of IoT platform provider Jasper, and outlined its Internet of Things strategy going forward. Jasper forms Cisco's new IoT cloud business unit, which is tasked with helping enterprises, telcos and ecosystem partners capitalise on the IoT opportunity. Cisco said it plans to enhance Jasper's platform by adding support for enterprise WiFi…

Cisco on Tuesday completed its US$1.4 billion (€1.26 billion) acquisition of IoT platform provider Jasper, and outlined its Internet of Things strategy going forward. Jasper forms Cisco's new IoT cloud business unit, which is tasked with helping enterprises, telcos and ecosystem partners capitalise on the IoT opportunity. Cisco said it plans to enhance Jasper's platform by adding support for enterprise WiFi…

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