Cisco to buy Israel-based software maker for $475 million

January 23, 2013 1:28 PM GMT

  • FOLLOW IBT: YOUR ONE-STOP NEWS SITE
  • Google Plus

Cisco Systems Inc said it will buy Israeli software maker Intucell for about $475 million in cash to expand its mobile network management offerings.

Privately held Intucell makes software that helps mobile carriers manage cellular networks automatically.

  • FOLLOW IBTIMES
  • Google Plus

(Reporting by Supantha Mukherjee in Bangalore; Editing by Maju Samuel)

Copyright 2012 Thomson Reuters. All rights reserved.
Join the Conversation
WikiLeaks Assange Says He Will Stay In Embassy