Cisco Jumps on Jahi
Cisco Systems Inc. (Nasdaq: CSCO) has stumped up $16 million to acquire Indian network management specialist Jahi Networks.
Although that amount of cash is barely a sneeze in the handkerchief for Cisco, it’s worth noting that Jahi only has 20 employees. This means that the deal is worth $800,000 per Jahi staff member.
The smallish vendor, which is based in Hyderabad, India, and San Jose, Calif., specializes in network management appliances. Founded in 2003, Jahi has been marketing its technology as a means to integrate different network products and support security policies.
In addition to Jahi’s technology capital, Cisco also gets a toe-hold in the potentially lucrative Indian market.
Read the whole story at NDCF.
— James Rogers, Site Editor, Next-Gen Data Center Forum