Cisco Completes Actona Buy

Cisco Systems completes acquisition of Actona Technologies

August 3, 2004

1 Min Read

SAN JOSE, Calif. -- Cisco Systems, Inc. (Nasdaq:CSCO), today announced it has completed the acquisition of privately held Actona Technologies Inc. of Los Gatos, Calif.

On June 29, 2004, Cisco announced a definitive agreement to acquire Actona Technologies, a developer of wide-area file services software that facilitates data management across geographically distributed offices. Actona's technology is intended to expand the functionality of Cisco's branch office access router portfolio with intelligent network services that enable WAN-optimized file transfer and access. In addition, Actona will extend Cisco's solutions for Data Center Storage Consolidation to the branch office.

Cisco Systems Inc.

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