Cisco Acquires Cariden For $141 Million
Cisco Systems has acquired Cariden, a software company known for helping plan and design networks. Cisco is paying around $141 million for the company and the deal will close next year. This is Cisco’s third acquisition this month.
Earlier this month, the company acquired Meraki for $1.2 billion and Cloupia for $125 million. Cariden started in 2001 and they help customers like Verizon and SingTel optimize the operations of their networks.
Software-defined networking (SDN) is a hot commodity in the networking industry right now and Cariden is a pioneer in the field.@amitchowdhry or on Google+ at +AmitChowdhry