Cisco to Buy BroadWare Video Surveillance Company

The networking giant announced late Monday that it plans to buy privately held BroadWare Technologies in an effort to bulk up its video surveillance business. Terms of the deal were not disclosed. Cisco said that it expects to close the acquisition in its fiscal fourth quarter, which ends July 27.

Cisco's bread and butter for the past two decades has been providing companies and service providers infrastructure equipment, such as IP routers and Ethernet switches, to carry data and Internet traffic. But recently, the company has been expanding its business into other areas, including video.

Cisco believes that video surveillance, in particular, is a logical market for it to address. For one, Cisco is already likely the provider of networking equipment to companies using video surveillance. In addition, many of these companies have already begun consolidating their networks to carry voice and data over an IP infrastructure. So adding video to that consolidated network would make sense. And lastly, Cisco also provides storage area networking gear, which is essential for customers who must store all the video.

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