- Cisco said that it will use Fluidmesh’s products to support the growing demand for on-the-move mission critical assets and applications
- The acquisition of Fluidmesh is expected to close in the fourth quarter of Cisco’s fiscal year 2020
Cisco has announced the intent to acquire privately-held Fluidmesh Networks, a wireless backhaul systems provider. Fluidmesh offers wireless solutions for mission critical applications, whether it’s high-speed rail and mass transit or large-scale distributed sites such as ports and urban settings where signal strength can be challenging.
“Cisco provides one of the most secure and reliable networking technologies on the market today. With wireless technology playing a greater role in every organization’s multi-access IoT strategy, reliable wireless connectivity is paramount to organizations operating Industrial IoT environments, whether that’s manufacturing, mining, rail, or ports, where wireless technology automates operations to improve safety and lower costs. The acquisition of Fluidmesh strengthens Cisco’s offerings in this space with leading technology that’s designed to provide zero loss of data transfer at speeds in excess of 300 Km/h,” said Liz Centoni, senior vice president and general manager for Cloud, Compute, and IoT businesses.
Fluidmesh team to join Cisco’s industrial IoT business
Fluidmesh, as per Cisco, will extend Cisco’s industrial wireless offerings to industries with on-the-move assets and applications in situations where reliable backhaul is mission critical. “Cisco’s scale, combined with Fluidmesh’s solution-based offerings and relationships with systems integrators, will accelerate Cisco’s industrial IoT business to enable successful industrial wireless deployments, broaden reach to key customer segments, partners, and end users,” read Cisco’s official statement.
The acquisition, as per the company, will extend Cisco’s leadership in industrial wireless to include on-the-move applications where reliable backhaul is mission critical. Customers are already using Fluidmesh’s reliable wireless technologies in rail, mining, ports, and public transit to improve productivity, safety, and the customer experience.
It will also help accelerate Cisco’s Industrial IoT business and broaden its reach to key partners and end users. “Cisco’s scale and market reach, combined with Fluidmesh’s industry-specialised sales team and systems integrator relationships, will help accelerate Cisco’s Industrial IoT business and broaden its reach. The Fluidmesh team will join Cisco’s IoT business,” read Cisco’s official statement.
The acquisition of Fluidmesh is expected to close in the fourth quarter of Cisco’s fiscal year 2020, subject to customary closing conditions and required regulatory approvals.
“We are thrilled to announce that Fluidmesh Networks has entered into a definitive agreement to be acquired by Cisco Systems. Fluidmesh will join Cisco’s IOT business and will continue to deliver its innovative wireless solutions to customers globally through its network of specialized channel partners,” read a blog post on Fluidmesh website.