Cisco pays $135m for Reactivity
Fourth buy of the year
Posted in PC Builder, 22nd February 2007 10:22 GMT
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Cisco is continuing its buying spree, paying $135m in cash and options for Reactivity.
The 56 person company, founded in 1998, makes XML integration products. The devices work on most platforms to make service oriented architecture easier to implement.
Cisco has strengthened its application business with a string of recent purchases to support its move to a web services world.
The deal is subject to the usual regulatory conditions but should close in the third quarter of 2007.
There's more information here. ®
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