Cisco Completes Acquisition of Ubiquisys
SAN JOSE, Calif. – May 24, 2013 – Cisco today announced it has completed the acquisition of privately held Ubiquisys. Headquartered in Swindon, U.K., Ubiquisys is a leading provider of intelligent 3G and long-term evolution (LTE) small-cell technologies that provide seamless connectivity across mobile heterogeneous networks for service providers.
Ubiquisys’ indoor small-cell expertise and focus on intelligent software for licensed 3G and LTE spectrum, coupled with Cisco’s mobility portfolio and Wi-Fi expertise, will enable a comprehensive small-cell solution for service providers that supports the transition to next-generation radio access networks.
Ubiquisys employees will be integrated into the Cisco Mobility Business Group, reporting to Partho Mishra, vice president and general manager, Service Provider Small Cell Technology Group. Under the terms of the agreement, Cisco is paying approximately $310 million in cash and retention-based incentives to acquire the entire business and operations of Ubiquisys.
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