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Wednesday, March 9, 2011

Cisco Completes Acquisition of Pari Networks

SAN JOSE, Calif. – March 2, 2011 – Cisco today announced it has completed its acquisition of privately-held Pari Networks, a leading provider of network configuration and change management (NCCM) and compliance management solutions that will complement Cisco’s smart service capabilities. Based in Milpitas, Calif., with part of its employee base in Hyderabad, India, Pari Networks’ technology will integrate into Cisco’s smart services and help accelerate the ability of Cisco and its partners to manage the health and stability of customer networks through proactive, personalized services.

In addition to advanced technology, Pari Networks brings to Cisco an industry-leading team of engineers that will continue to build out and strengthen Cisco’s smart service capabilities. Cisco and its partners have been evolving service offerings from reactive to proactive by embedding smart service capabilities throughout professional and technical services.

Financial terms of the transaction are undisclosed. With the close of the acquisition, Pari Networks employees become part of Cisco’s Technical Services.

Visit http://www.cisco.com

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