Cisco bolsters service management with $31 million Axioss buy

Cisco has acquired software developer Axioss for $31 million in a bid to boost its service-provider offering.

Axioss specializes in network management tools, and the acquisition will cover service fulfillment software assets and employees from the U.K. subsidiary of Axioss, which used to be known as Axiom Systems.

The deal should give Cisco a network and service-management tools piece that it can deploy across its next-generation IP network platforms. And it can specifically focus on video, data, mobility and cloud services. Axioss' software suite has already been integrated into Cisco's managed services suite as part of the Cisco Prime fulfillment platform.

"As more users, connected mobile Internet devices and bandwidth intensive applications drive the explosive growth in IP-based networks, service providers continue to invest in their infrastructure to support customers' needs," said Jesper Andersen, senior vice president and general manager, Network Management Technology Group (NMTG), Cisco. "With the acquisition of Axioss software and talent, we will help enable service providers to generate greater profits using a single management architecture to drive quick monetization and optimization of their Cisco network investments."

For more:
- see this Telecoms.com article

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