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Cisco to acquire SON specialist Intucell for USD 475 mln
2013-01-23 16:14:00| Telecompaper Headlines
(Telecompaper) Cisco announced its intent to acquire privately held Intucell. Headquartered in Israel, Intucell provides advanced self-optimising network (SON) software, which enables mobile carriers to plan, configure, manage, optimise and heal mobile networks automatically, according to real-time changing network demands. Upon the close of the acquisition, Intucell employees will be integrated into Cisco's Service Provider Mobility Group, reporting to Shailesh Shukla, vice president and general manager, Software and Applications Group. Under the terms of the agreement, Cisco will pay USD 475 million in cash and retention-based incentives to acquire the entire business and operations of Intucell.
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Category:Telecommunications