Breaking News, World News and Taiwan News.

Updated Saturday, September 4, 2010 8:41 pm TWN, AFP

Cisco announces purchase of smart grid specialty firm Arch Rock

SAN FRANCISCO--Computer networking powerhouse Cisco on Thursday announced it intends to buy smart grid specialty firm Arch Rock.

Financial terms of the deal were not disclosed.

“Arch Rock's wireless mesh technology enhances Cisco's IP-based, end-to-end smart-grid offerings,” said Laura Ipsen, senior vice president and general manager of Cisco's Smart Grid business unit.

“This acquisition further positions Cisco as a strategic partner to utilities working to better manage power supply and demand, improve the security and reliability of energy delivery, and optimize operational costs.”

Subscribe to The China Post and save 25%. Click here

Share

Print

Email


Sponsors
▪	Get the best deals for Guangzhou Hotels or choose from more than 10,000 hotels in 499 Chinese cities.
▪	Find great real time deals on China Flights. Book flights to China or China domestic flights 24/7.
▪	Buy china wholesale products from reliable chinese wholesalers on DHgate.com!
▪	Save 70% for hotel in Shanghai and 6000 hotels, in Beijing, Guangzhou, Shenzhen, and all China.