Saturday, 25 July 2009

Cisco Completes Acquisition of Pure Networks

SAN JOSE, Calif. - August 12, 2008 - Cisco today announced that it has completed the purchase of Seattle-based Pure Networks, a leader in home-networking-management software and tools. Pure Networks’ solutions allow users to easily set up and manage a home network and connect a range of devices, applications and services.

The acquisition of Pure Networks provides Cisco with a fully integrated line of home-networking-management solutions that will also serve as the foundation for the development of new multimedia-enabled applications, tools and capabilities for consumers to use in an increasingly “connected life” at home, at work and on the go. The acquisition further advances Cisco’s consumer strategy by enhancing the development of the existing Linksys® Easy Link Advisor (LELA) platform, which enables a consumer to more easily set up, organize, manage, secure and use a home network.

With the close of the transaction, Pure Networks will be integrated into Linksys, a division of Cisco.

For more information, visit: http://newsroom.cisco.com/dlls/2008/corp_081208.html

Cisco’s Acquisition Summary: http://www.cisco.com/web/about/ac49/ac0/ac1/about_cisco_acquisition_years_list.html

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