Cisco plans to acquire U.K. based Ubiquisys, a provider of 3G and 4G LTE small-cell technologies. Under the terms of the agreement, Cisco will pay approximately $310 million in cash and retention-based incentives to acquire the entire business and operations of Ubiquisys.
Cisco plans to acquire U.K. based Ubiquisys, a provider of 3G and 4G LTE small-cell technologies. Under the terms of the agreement, Cisco will pay approximately $310 million in cash and retention-based incentives to acquire the entire business and operations of Ubiquisys. The acquisition is expected to close in the fourth quarter of Cisco’s fiscal year 2013, subject to customary closing conditions.
With this acquisition Cisco strengthens its mobility expertise to deliver more intelligent mobile Internet networks. According to company, Ubiquisys’ indoor small-cell expertise and focus on intelligent software for licensed 3G and LTE spectrum, coupled with Cisco’s mobility portfolio and Wi-Fi expertise, will enable a comprehensive small-cell solution for service providers that supports the transition to next-generation radio access networks.
The Ubiquisys acquisition also complements Cisco’s mobility strategy along with the recent acquisitions of BroadHop and Intucell, reinforcing in-house research and development such as service provider Wi-Fi and licensed radio. These technologies will tie together the mobility architecture that leverages the intelligence of the network from the wireless edge of the network into the wired core.