Cisco Gobbles Up FineGround
May 31, 2005 - Cisco Systems Inc. last week also pull the trigger on an acquisition, this time of application delivery network management experts will FineGround company According to officials, Cisco is ponying about 70 million US dollars in cash and options FineGround will market a line of Network Appliance aimed at accelerating, security and monitoring applications supply. FineGrounds appliances use application delivery optimization techniques that help ensure bandwidth efficiency, and shortened the time delay and server offload.
Cisco said it plans to FineGrounds technology and its remaining technology stack, which could result in the local community to support the Office of Internal Oversight, for the Network Application monitoring and application delivery acceleration.
"This acquisition further enhances Ciscos strategy to converge application acceleration, security and a highly reliable network infrastructure seamlessly in the data centre, said: "jayshree ullal, senior vice president and general manager Cisco Security Technology Group, said in a statement. "FineGround increase Ciscos leadership in content and security products that enable customers accelerate application response time and cost to minimum. " Whether Cisco believe that FineGround bring to the table? Industry-leading application delivery management capabilities, as the first: Cisco said, FineGround appliances can help customers improve end-user response time 3-5 times, reduce application bandwidth usage by up to 90% and reduce server load 90%.
Once the transaction is completed, FineGround will become the security of Cisco Systems, Inc.
Technology Group. And CEO Nat Kausik will continue to lead the team.
- Stephen swoyer
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