Cisco buys software backup firm
PrintLAN-like data access over the WAN
Posted in Financial News, 30th June 2004 17:14 GMT
Free whitepaper – Thermal design of Dell PowerEdge server
Cisco is to buy data backup firm Actona Technologies for $82m cash. Privately-owned Actona makes software which makes it easier to back-up corporate data across wide area networks.
Actona's technology will expand the functionality of Cisco's branch office access router kit with features that enable WAN-optimized file transfer and access. Cisco said the Actona acquisition will also allow it to extend its Data Center Storage Consolidation products and services to branch office environments and remote workers.
The acquisition, subject to various standard closing conditions, is expected to close in Cisco's Q1 2005. Actona was founded in 2000 and has 48 employees in the United States and Haifa, Israel. ®
Related stories
Nortel stock rallies on talk of Cisco bid
Cisco buys anti-DDoS firm
Cisco gets into video conferencing
Cisco buys IP conferencing firm
Analyst Keynote: The Register Agile Data Center Summit
10 Steps to a Successful CRM Implementation
Market Primer: ERP Systems
What Exchange can't do - and Dell can
Enabling The Agile Data Center
Dirty, dirty PCs: The X-rated picture guide
Top 500 supers - rise of the Linux quad-cores
Early adopters bloodied by Ubuntu's Karmic Koala
Sign up, sign up for The Register IT security newsletter