Cisco has announced its intention to acquire Pari Networks as part of an expansion of its line of hosted IT management services.
Operating out of Milpitas in Silicon Valley, Pari Networks provides services to help companies configure and manage networks and compliance requirements. The company is privately held, and terms of the deal were not given.
Cisco singled out Pari Networks’ engineering team as a solid addition to its network management services.
“As business functions become more reliant on devices and applications that run over the network, customers realise that maintaining the health and performance of the network is critical,” said Cisco Technical Services vice president Joe Pinto.
“Pari Networks will help Cisco and our partners to deliver smarter, more proactive services that help our customers to identify potential network problems before they occur, and optimise the performance, management and efficiency of their networks.”
Cisco expects the transaction to close by the end of its third financial quarter in May. If the deal is approved and finalised, Cisco plans to integrate Pari Networks’ employees into its Technical Services branch.