Cisco Systems said Tuesday it will purchase privately held BroadWare Technologies, a provider of IP-based video surveillance software, for an undisclosed amount. Although Cisco is much better known as a leading maker of routers and switches that provide the backbone for directing traffic over Internet, the San Jose, Calif., networking equipment company has recently been expanding into video equipment and software with the goal of selling a broader range of products.
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Cisco to Buy Video Surveillance Firm BroadWare
Posted by: Tim Gray May 23, 2007 08:37 AMCisco Systems said Tuesday it will purchase privately held BroadWare Technologies, a provider of IP-based video surveillance software, for an undisclosed amount. Although Cisco is much better known as a leading maker of routers and switches that provide the backbone for directing traffic over Internet, the San Jose, Calif., networking equipment company has recently been expanding into video equipment and software with the goal of selling a broader range of products.