The value of the deal has not been made public
Cisco is to acquire network performance monitoring specialist Accedian, which numbers 75 of the globe’s top 100 telcos as customers. The value of the deal has not been disclosed.
It is expected that the deal will be complete during first quarter of Cisco’s 2024 financial year. After completion the Accedian team will join the Data Center and Provider Connectivity organisation within Cisco Networking. The unit is headed up by Kevin Wollenweber, SVP and GM of the Cisco Networking – Data Center and Provider Connectivity.
Cisco and Accedian have worked together for the last two years through the Cisco SolutionsPlus programme to “deliver a joint automation and assurance solution for service provider customers,” according to a blog by Wollenweber.
Microseconds matter
He added, “Accedian’s service assurance portfolio of microsecond-level sensors and the…Skylight Analytics platform, coupled with Cisco’s…portfolio, will enable Cisco to bring transformational solutions to our service provider customers.
“With Accedian’s sophisticated network performance and user experience monitoring capabilities for CSP customers, Cisco has a unique opportunity to link that data into Cisco ThousandEyes’ cloud for end-to-end network assurance.”
Dion Joannou, CEO of Accedian, added, “When we were acquired by Bridge Growth Partners…in 2017 we transformed the company, accelerated its growth, and evolved to a SaaS-first [Software-as-a-Service] service assurance platform.
“Microseconds matter to customers and customer experience, and precise, granular performance visibility is a foundational requirement for closed-loop automation, agile telco cloud environments, and latency-sensitive 5G services. We look forward to bringing our critical capabilities to a wider set of solutions within Cisco’s Networking portfolio.”