Cisco To Pay $141M For Network Software Co. Cariden

Law360, New York (November 29, 2012, 5:06 PM EST) -- Cisco Systems Inc. on Thursday announced plans to buy privately held California-based software company Cariden Technologies Inc. for $141 million in a move that gives the networking giant access to Cariden's industry-leading management tools for high-performance telecommunications networks.

The Sunnyvale, Calif.-based Cariden, which supplies telecommunications companies with network planning, design and traffic management solutions, will be integrated into Cisco's Service Provider Networking Group, according to Cisco. The acquisition will allow telecommunications service providers to make their networks more visible, programmable and efficient, Cisco said.

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