[May 28, 2013] Cisco buys Ubiquisys Tweet May 28, 2013 (TELECOMWORLDWIRE via COMTEX) -- Cisco (NASDAQ: CSCO) said it has completed the acquisition of privately held Ubiquisys. Headquartered in Swindon, U.K., Ubiquisys is a provider of intelligent 3G and long-term evolution (LTE) small-cell technologies that provide seamless connectivity across mobile heterogeneous networks for service providers. Ubiquisys' indoor small-cell expertise and focus on intelligent software for licensed 3G and LTE spectrum, coupled with Cisco's mobility portfolio and Wi-Fi expertise, will enable a comprehensive small-cell solution for service providers that supports the transition to next-generation radio access networks. Ubiquisys employees will be integrated into the Cisco Mobility Business Group, reporting to Partho Mishra, vice president and general manager, Service Provider Small Cell Technology Group. Under the terms of the agreement, Cisco is paying approximately USD310m in cash and retention-based incentives to acquire the entire business and operations of Ubiquisys. Cisco is the worldwide leader in IT that helps companies seize the opportunities of tomorrow by proving that amazing things can happen when you connect the previously unconnected. For ongoing news, please go to http://thenetwork.cisco.com. Comments on this story may be sent to [email protected] [ Back To TMCnet.com's Homepage ]