Feeds

Cisco buys GeoTel for $2 billion

Great Satan of Net on buying trail again

  • alert
  • submit to reddit

Internet Security Threat Report 2014

Networking giant Cisco is to buy GeoTel, a routing software specialist, for $2 billion in shares. GEOTel has some real revenues...unlike many of takeover targets in this sector For 1998, the Massachussets company produced sales of $44.9 million in 1998 (1997: $18.6 million) and net income of $9 million, 45 per cent up on 1997. Interest income accounts for an unspecified chunk of the profits. GeoTel makes software that enables ISVs to deliver integrated voice and data to call centres. The technology is platform independent -- it works with any combination of voice and datacoms equipment. At the end of last week, Cisco bought its first two companies in 1999, Fibex and Sentient, as reported here. The deal is subject to US regulatory overview. Perhaps it is time the FTC looks a little closer at Cisco, which has been buying companies like crazy for years. ®

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
Bono apologises for iTunes album dump
Megalomania, generosity and FEAR of irrelevance drove group to Apple deal
HBO shocks US pay TV world: We're down with OTT. Netflix says, 'Gee'
This affects every broadcaster, every cable guy
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
SCREW YOU, EU: BBC rolls out Right To Remember as Google deletes links
Not even Google can withstand the power of Auntie
Arab States make play for greater government control of the internet
Nerds told to get lost in last-minute power grab bid at UN meeting
Apple SILENCES Bose, YANKS headphones from stores
The, er, Beats go on after noise-cancelling spat
Zippy one-liners, broken promises: Doctor Who on the Orient Express
Series finally hits stride, but Clara's U-turn is baffling
Don't bother telling people if you lose their data, say Euro bods
You read that right – with the proviso that it's encrypted
America's super-secret X-37B plane returns to Earth after nearly TWO YEARS aloft
674 days in space for US Air Force's mystery orbital vehicle
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.