Cisco splashes $31 million on Axioss software


Cisco has announced plans to acquire UK-based Axiom Systems, along with its Axioss software and an unspecified number of employees, from Comptel.

If the deal goes through, Cisco will gain additional network and service management capabilities to sell to service providers.

The Axioss software is designed to make life easier for service providers to offer video, data, mobility and cloud services to end users, largely by automating ordering.

The acquisition will cost $31 million (18.8 million) in cash and is expected to go through in the third quarter of 2011.

"As more users, connected mobile internet devices and bandwidth intensive applications drive the explosive growth in IP-based networks, service providers continue to invest in their infrastructure to support customers' needs," said Jesper Andersen, senior vice president and general manager for the Network Management Technology Group (NMTG) at Cisco.

"With the acquisition of Axioss software and talent, we will help enable service providers to generate greater profits using a single management architecture to drive quick monetisation and optimisation of their Cisco network investments."

Jordi Ferrer, managing director for the UK service provider and media division at Cisco, noted the investment the networking giant was making into the UK.

"Through the acquisition of Axioss software and talent we will be investing in a unique set of technology and skills in the UK that will be a valuable addition to Cisco's network management portfolio," Ferrer said.

"Cisco will deliver network management technology and services that will help service providers significantly increase the speed and lower the costs of delivering a wide range of voice, video and data services to their customers."

The move forms part of Cisco's realigned strategy following chief executive (CEO) John Chambers call for a move back to what the company was best at: serving markets with quality networking equipment and services.

Tom Brewster

Tom Brewster is currently an associate editor at Forbes and an award-winning journalist who covers cyber security, surveillance, and privacy. Starting his career at ITPro as a staff writer and working up to a senior staff writer role, Tom has been covering the tech industry for more than ten years and is considered one of the leading journalists in his specialism.

He is a proud alum of the University of Sheffield where he secured an undergraduate degree in English Literature before undertaking a certification from General Assembly in web development.