Cisco Announces Agreement to Acquire Greenfield Networks.Acquisition to Improve Cisco's Ability to Roll out New Metro Ethernet A metropolitan area network (MAN) that uses a 10 Gigabit Ethernet (10GbE) backbone rather than SONET/SDH links. Ethernet offers a more economical alternative. In a Metro Ethernet network, multiprotocol label switching (MPLS) may be deployed to provide quality of service (QoS). Features SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif. -- Cisco (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CSCO CSCO Cisco Systems Incorporated (stock symbol) CSCO Chief Supply Chain Officer ) today announced a definitive agreement to acquire privately held Greenfield Networks Inc of Sunnyvale, California Sunnyvale ([sʌniveil]) is a city in Santa Clara County, California, United States. It is one of the major cities that make up the Silicon Valley. As of the 2000 census, the city population was 131,760. . Greenfield Networks provides integrated circuits Integrated circuits Miniature electronic circuits produced within and upon a single semiconductor crystal, usually silicon. Integrated circuits range in complexity from simple logic circuits and amplifiers, about 1/20 in. (1. , hardware and software optimized for Ethernet packet processing that enables next-generation Metro Ethernet services. Greenfield has a proven track record in developing and deploying semiconductors for the Metro Ethernet market. This technology is highly complementary to Cisco's existing line of Metro Ethernet products. "By integrating Greenfield Networks technology with Cisco's family of Metro Ethernet switches, we will be able to improve time to market of new carrier-class features to our service provider partners," said Kathy Hill, senior vice president, Ethernet and Wireless Technology Group (EWTG EWTG Executive Women in Texas Government (Austin, TX) EWTG Expeditionary Warfare Training Group ). The acquisition is subject to various standard closing conditions, including applicable regulatory approvals, and is expected to close in the second quarter of Cisco's fiscal year 2007. The terms of the deal were not disclosed. Greenfield Networks was founded in 2000 and has 60 employees based in Sunnyvale, California, and Bangalore, India. Upon close of the transaction, the Greenfield Networks team and product portfolio will be integrated into Cisco's EWTG, led by Hill. About Cisco Cisco Systems, Inc. (NASDAQ:CSCO) is the worldwide leader in networking for the Internet. Information about Cisco can be found at http://www.cisco.com. For ongoing news, please go to http://newsroom.cisco.com. Cisco, Cisco Systems, and the Cisco Systems logo are registered trademarks or trademarks of Cisco Systems, Inc. and/or its affiliates in the United States and certain other countries. All other trademarks mentioned in this document are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company. This document is Cisco Public Information. |
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