Cisco Acquires Fluidmesh Networks
April 6, 2020
Cisco announced its intent to acquire Fluidmesh Networks to strengthen Cisco's industrial wireless and Industrial IoT offerings, adding Fluidmesh's wireless backhaul technology for on-the-move assets (trains, subways, ports). The deal was expected to close in Cisco's fiscal Q4 2020 and the Fluidmesh team will join Cisco's IoT business to accelerate deployments in rail, mining, ports and other industrial markets.
- Buyers
- Cisco
- Targets
- Fluidmesh Networks
- Industry
- Telecommunications
- Location
- New York, United States
- Transaction Type
- Buyout
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