Cisco Systems announced today it will buy Topspin Communications, a maker of
programmable server switches, for US$250 million in cash and options. The acquisition gives Cisco, which now has only Ethernet offerings, an entry into the InfiniBand data transition architecture market. Topspin’s switches are used in data applications, storage and computer networking. The data center network market grew 10 percent from 2003 to 2004, according to IDC.
Loading ...
Cisco Buys Topspin for $250 Million
Posted by: Susan B. Shor April 14, 2005 09:10 AMCisco Systems announced today it will buy Topspin Communications, a maker of
programmable server switches, for US$250 million in cash and options. The acquisition gives Cisco, which now has only Ethernet offerings, an entry into the InfiniBand data transition architecture market. Topspin’s switches are used in data applications, storage and computer networking. The data center network market grew 10 percent from 2003 to 2004, according to IDC.