Cisco to buy Israel-based software maker for $475 million

Reuters News
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Posted: Jan 23, 2013 8:22 AM
Cisco to buy Israel-based software maker for $475 million

(Reuters) - Cisco Systems Inc said it will buy Israeli software maker Intucell for about $475 million in cash to expand its mobile network management offerings.

Privately held Intucell makes software that helps mobile carriers manage cellular networks automatically.

(Reporting by Supantha Mukherjee in Bangalore; Editing by Maju Samuel)