Cisco Systems has agreed to buy Greenfield Networks in a move designed to expand its Ethernet lineup, the companies said Monday.
Greenfield, a privately held Sunnyvale, Calif.-based company with 60 employees, develops semiconductors designed to improve Ethernet packet processing for the so-called metro Ethernet market. Telecommunications carriers use the technology to string together a number of corporate networks within a metropolitan-area network, allowing these companies to use VoIP and data over their networks.
"By integrating Greenfield Networks technology with Cisco's family of metro Ethernet switches, we will be able to improve the time to market of new carrier-class features to our service provider partners," Kathy Hill, senior vice president of Cisco's Ethernet and Wireless Technology Group, said in a statement.
Greenfield, which also has offices in Bangalore, India, was founded in 2000. Cisco plans to fold Greenfield's product portfolio and employees into Hill's group, once the deal closes during Cisco's current fiscal quarter, which ends in late January. Financial terms of the deal were not disclosed.
Web giant is spending $120 million to beef up its Mountain View, Calif., headquarters, according to filings with the city reviewed by the San Jose Mercury News.
The Samsung Galaxy Mini 2 S6500 could make its debut at the Mobile World Congress in Barcelona later this month, according to a leaked promotional image.
MIT creates a simulation to celebrate the 50th anniversary of Spacewar. A relic of the early days of minicomputers, it was one of the first computer video games and set the stage for many others, including Asteroids.
Join the conversation