Cisco buys video surveillance specialist BroadWare

Networking giant Cisco has acquired video surveillance software provider BroadWare Technologies in a bid to expand its video surveillance offering.

US firm BroadWare supplies IP-based video surveillance software that enables web-based monitoring, management, recording and storage of audio and video.

Cisco, which is in the process of moving away from its traditional routers and switches offering, said the acquisition, its seventh this year, was designed to complement its existing video surveillance product business.

The networking firm acquired SyPixx Networks, another video surveillance software supplier, in March last year.

“Cisco views the video surveillance infrastructure market as an immediate high growth opportunity that requires the ability to support both IP and analog device installations,” said Marthin De Beer, senior vice president of Cisco’s Emerging Market Technologies Group (EMTG). “Through the acquisition of BroadWare, Cisco will be able to address both existing and greenfield video surveillance opportunities.”

BroadWare’s team of 38 employees will be integrated into Cisco’s EMTG group upon closure of the deal, Cisco said.

Terms of the transaction were not disclosed.

Print | Email | Discuss this article

| Share |

READERS' COMMENTS

Click here to post a comment

Add your Comment All posts are sent to the administrator for review and are published only after approval. ArabianBusiness.com reserves the right to remove any comment at any time for any reason. Please keep your responses appropriate and on topic. Arabian Business would like to point out that only comments relevant to the story will be published. Any containing personal insults or inappropriate language will not be approved.
Name *
Remember me on this computer
Email *	(Your email address will not be published)
City
Country
Subject *
Comment *
Notify me of further comments
Enter the words above *
Please click post only once - your comment will not be published immediately.

MORE FROM ARABIANBUSINESS.COM