Seemingly on track to meet its prediction of 24 acquisitions this year and launch itself into the immature voice and video integration market, Cisco Systems have in the last couple of weeks added another two communication specialists to its ranks.
Most recently, according to a Cisco statement, middleware developer Amteva Technologies was procured for $US170 million, calculated as shares of Cisco common stock and cash to be exchanged for all outstanding shares and options of Amteva, though the deal is still subject to certain conditions.
In addition, US-based software developer GeoTel was recently bought by Cisco in a deal reputed to be worth $US2 billion dollars. Cisco is exchanging 0.5138 of its shares for every outstanding share and option of GeoTel.
The deal has already been approved by GeoTel and Cisco directors with share holder approval all that remains before it is finalised by the forth quarter of Cisco's current fiscal year.
Don Listwin, Cisco executive vice president reports that the acquisitions represent a move by Cisco into network communications and are the final stage of the vendor's five-phase enterprise data, voice and video integration strategy.
The objective, according to Cisco sources, is to extend unified communications to IP-based infrastructures, allowing data, voice and video to travel over a single network infrastructure.
Amteva facilitates this process by enabling the combination of voicemail, email and fax traffic into one mailbox, accessible over an Internet based network, a Cisco statement explains.
GeoTel contribute to the long-term strategy with its software solutions, which enable voice call centres to exist on the Internet, stated Cisco sources.