Cisco is closing the year with yet another acquisition that demonstrates its big bet on the impacts of global IP traffic growth. Cisco is buying BroadHop, a provider of next-generation policy control and service management technology for carrier networks, for an undisclosed amount.
With traffic projected to increase threefold over the next five years alone -- and that's after increasing eightfold over the past five years -- Cisco is convinced that policy control and services creation at large scale has never been more vital for mobile and fixed communications service providers.
"BroadHop's widely deployed policy control solutions for mobile and fixed networks will be integrated into Cisco's Service Provider Mobility Group to provide service providers the flexibility to control, monetize and personalize the types of service they choose, on any network ," said Hilton Romanski, vice president and head of corporate business development at Cisco.
via WiFi News by WiFiNovation | Scoop.it More READ
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