Networking behemoth Cisco has acquired UK-based outfit and small cell specialist Ubiquisys for $310 million (around £200 million). The deal also includes so-called retention payments for key employees including its founder, Will Franks.
Ubiquisys makes femtocells, which are tiny wireless 3G/4G LTE base stations that extend coverage in buildings where users often fail to get signal from conventional cell towers.
In a statement issued yesterday, Cisco said that it “is “doubling down” on its small cell business to accelerate strong momentum and growth in the mobility market”.
Cisco has been in a buying splurge lately with cloud networking company Meraki ($1.2 billion), BroadHop, Cloupia ($125 million), Network traffic-management software developer Cariden ($141 million) and mobile network management specialist Intucell ($475 million) joining the growing list of Cisco acquisitions. It also invested in software virtualisation company, Parallels.
The company has had a number of divestments as well as it refocuses on business and enterprise. It stopped the production of its ill-fated Cius Android-based tablet when it appeared very clear that it was no match to the iPad and others. It also sold its Linksys brand earlier this year to Belkin and killed its Cisco flip camcorder business in 2011.
It would be interesting to see Cisco will be able to use the broad portfolio of technologies from its recent acquisition to build something like that super-duper, all singing, all dancing smarter router, I mentioned in that article here.