Cisco makes another optical acquisition
Cisco announced plans to acquire privately held CoreOptics, a designer of digital signal processing technology for optical networking applications, for $99 million in cash.
The acquisition of CoreOptics is Cisco’s second this week. Earlier, Cisco said it will acquire privately held Moto Development Group, a consumer product design and development consultancy, for an undisclosed sum.
CoreOptics will bring to Cisco expertise in digital ASIC design, advanced modulation formats, as well as optical systems, applications and network architecture. Cisco says CoreOptics will enable it to provide “highly advanced” 100Gbps transmission technology to service providers for supporting IP-based video, mobility and cloud services.
Citing its own research, Cisco believes global IP traffic will increase fivefold from 2008 to 2013 with a 40% compound annual growth rate.
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