Cisco Buys Acano For $700M
San Jose-based Cisco said Friday that it has agreed to acquire Acano Limited, a UK-based developer of collaboration infrastructure and conferencing software. Cisco said it would pay $700M in cash and assumed equity awards for Acano. Acano's products allow customers to connect video systems from multiple vendors across both cloud and hybrid environments, according to Cisco.
posted on Friday, November 20, 2015
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