Market Overview

Cisco Announces Intent to Acquire ClearAccess

Cisco (NASDAQ: CSCO) today announced its intent to acquire privately held ClearAccess, a Vancouver, Wash. based company that provides TR-069-based software to service providers for the provisioning and management of residential and mobile devices. This acquisition includes ClearAccess' software business and talent. The hardware portion of ClearAccess' business, Smart RG Gateways, will continue forward as SmartRG, Inc.

Cisco and ClearAccess' combined network management and software capabilities will enable service providers to better deliver, manage and monetize their services, while helping to improve operational efficiencies and customer experiences.

Posted-In: News M&A

 

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