On Nov 20, Cisco announced its intent to acquire Acano. These two companies have a long history, longer than Acano exists because a decent portion of its talent came from Cisco and Tandberg prior to that.
It’s a very aggressive move for Cisco which is paying “about $700 million” for a reasonably small company. This ROI isn’t about the revenue, it’s about fit. The market likes what Acano has, and it significantly strengthens Cisco against several competitors. Checkout this TalkingPointz 2Pager.
On Nov 20, Cisco announced its intent to acquire Acano. These two companies have a long history, longer than Acano exists because a decent portion of its talent came from Cisco and Tandberg prior to that.
It's a very aggressive move for Cisco which is paying "about $700 million" for a reasonably small company. This ROI isn't about the revenue, it's about fit. The market likes what Acano has, and it significantly strengthens Cisco against several competitors. Checkout this TalkingPointz 2Pager.
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Dave is an independent analyst and founder of TalkingPointz which is focused on enterprise communications. In addition to this (free and paid) content on TalkingPointz, he contributes to industry sites, can be found at major industry events, and provides advisory services to vendors and financial analysts.