HomeNewsBusinessCisco acquires analytics software and team of Saggezza

Cisco acquires analytics software and team of Saggezza

The acquisition is aligned to Cisco's strategic goals to develop innovative big data analytics and cloud technologies, a company statement said.

May 22, 2017 / 16:29 IST
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FILE PHOTO -  The Cisco Systems logo is seen as part of a display at the Microsoft Ignite technology conference in Chicago, Illinois, May 4, 2015. REUTERS/Jim Young/File Photo        TPX IMAGES OF THE DAY - RTSX836
FILE PHOTO - The Cisco Systems logo is seen as part of a display at the Microsoft Ignite technology conference in Chicago, Illinois, May 4, 2015. REUTERS/Jim Young/File Photo TPX IMAGES OF THE DAY - RTSX836

Networking major Cisco has acquired the advanced analytics team and the associated advanced analytics intellectual property developed by city-based technology services firm Saggezza for an "undisclosed sum".

The acquisition is aligned to Cisco's strategic goals to develop innovative big data analytics and cloud technologies, a company statement said.

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The acquisition brings expertise in analytics, cloud and secure platform development. The advanced analytics team is a select group of platform analytics experts within Saggezza.

It has been responsible for developing technology that powers Saggezza's internal analytics platform among others, the release added.

first published: May 22, 2017 04:21 pm

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