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Cisco wants to be a big brother

by on30 May 2007
Pushes into surveillance technology

Cisco has bought BroadWare Technologies as part of its bid to get into surveillance technology.

According to the BroadWare deal, is part of Cisco's perception that the US market is going to become obsessed with video surveillance gear as it becomes more concerned with homeland security.
Breaux Walker, managing director of America's Growth Capital, an investment bank in San Francisco, said the BroadWare deal is a bid to by Cisco to increase growth by cultivating niche tech markets.

However he warned that this could easily be a hyped bubble which could burst in Cisco's face.

More here.
Last modified on 30 May 2007
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