Cisco is to buy software maker BroadWare Technologies in a bid to improve its video surveillance offerings.
BroadWare's software allows users to collect, record, route, view and manage live and stored surveillance video quickly and efficiently over computer networks. Any authorised user on the network can access the video.
The deal highlights the importance Cisco places on the video surveillance and security market as a high growth opportunity, said the company. Competing in the industry requires that companies be able to provide both IP (Internet Protocol) and analogue devices. The BroadWare acquisition is aimed at boosting Cisco's existing video surveillance products.
The acquisition is expected to close by 27 July; the terms of the deal were not disclosed. The 38 BroadWare employees will be absorbed into Cisco's Emerging Market Technologies Group.