Cisco Ready to Jump into Policy Management with BroadHop
December 21, 2012
Cisco Systems has announced its intent to acquire BroadHop, a provider of policy control and service management technology for global carrier networks. Established in 2003, BroadHop has received $8.9 million in early stage financing from Boulder Ventures, Peninsula Equity Partners and other undisclosed investors. With the deal, Cisco hopes to bolster its offering of service creation technology and enhance its Open Network Environment (ONE).