Accueil > Actualité
Actualite financiere : Actualite bourse

Cisco: shares edge up after Exablaze acquisition

(CercleFinance.com) - Cisco shares are up 0.
1% at 46 dollars on Tuesday morning, the day after the US network equipment maker announced its intent to acquire Exablaze, an Australia-based designer of next-generation platforms for low-latency applications.

The privately held company makes advanced network devices for environments where high performance is critical, Cisco said.

These products include advanced ultra-low latency switches and network interface cards, as well as picosecond resolution timing technology.

This acquisition comes after Cisco's recent "Internet for the Future" announcement, in which the company unveiled its new investments in its silicon and routing businesses, Credit Suisse analysts pointed out.

"Exablaze is a relatively small acquisition for Cisco but still a clear indication of their advancement into (...) low latency network switching," they added.

The terms of the deal were not disclosed.

Copyright (c) 2019 CercleFinance.com. All rights reserved.
 

societes

marches

tendances

 
Qui sommes-nous ? | Nous contacter | FAQ | Mentions légales | RSS | © Copyright 2007 Cercle Finance. Tous droits réservés.
Indices et cours différés d’au moins 15 mn | Cotations boursières fournies par ABC Bourse.