Cisco today announced its intent to acquire privately held Cariden Technologies, Inc., a supplier of network planning, design and traffic management solutions for telecommunications service providers.
With global service providers converging their Internet Protocol (IP) and optical networks to address exploding Internet and mobile traffic growth and complex traffic patterns, Cisco's acquisition of Cariden will allow providers to enhance the visibility, programmability and efficiency of their converged networks, while improving service velocity.
Cariden's capacity planning and management tools for IP/MPLS (Multi-Protocol Label Switching) networks will be integrated into Cisco's Service Provider Networking Group to enable multilayer modeling and optimization of optical transport and IP/MPLS networks. Cariden's products and technology will advance Cisco's nLight technology for IP and optical convergence. The acquisition also supports the company's Open Network Environment (ONE) strategy by providing sophisticated wide area networking (WAN) orchestration capabilities.
Upon the close of the acquisition, Cariden employees will be integrated into Cisco's Service Provider Networking Group, reporting to Shailesh Shukla, vice president and general manager of the company's Software and Applications Group. Under the terms of the agreement, Cisco will pay approximately $141 million in cash and retention-based incentives in exchange for all shares of Cariden. The acquisition is subject to various standard closing conditions and is expected to be completed in the second quarter of Cisco's fiscal year 2013.