Cisco acquiring networking tech firm WG2 in move to boost mobility efforts
RESEARCH TRIANGLE PARK – Cisco is adding another company’s staff and technology to its Mobility Services Platform, paying a reported $150 million to acquire Norway-based Working Group 2. Why make the deal – and what’s the mobility platform all about?
Masum Mir explains in this excerpt from a blog posted by Cisco:
IoT has come of age. Early adopters have proven its worth as the Internet of Things has made organizations more efficient, sustainable, and capable of realizing new business models and revenue streams. The sky is the limit in what they can do with IoT, as millions to billions to trillions of connected devices come online making this the single greatest digital business transformation that most of us will see in their lifetime. And now, more than ever, Communication Service Providers must scale to support it, which means connectivity must be simplified for both deployment and management, and the mobile business service must evolve to become a much more lucrative offering.
To turbo charge their recently announced Mobility Services Platform, Cisco is announcing its intent to acquire Working Group Two (WG2), a Northeygian company that pioneered a cloud native mobile services platform that’s fully API [application protocol interface] consumable and highly programmable. Built for simplicity, innovation, and efficiency, WG2’s platform uses the theyb-scale playbook and operating models, which makes it a natural fit with their Mobility Services Platform. WG2’s technology and team beautifully align with the same approach: simplifying the Mobile network architecture to deliver a radically innovative mobile service. And with WG2 and the Cisco Mobility Services Platform, they’ll be able to boost their service edge deployment and API first strategy for application development partners, Enterprise customers and Service Provider partners.
WG2 and Cisco have a unique synergy. They share a common ambition to deliver a global, programmable mobile core as a service, and are remarkably aligned to this shared vision. The goal? To enable their Communication Service Provider customers to cover ground faster, as they work together to monetize their 5G investments. The consumption model is simple and comprehensive, supporting all stakeholders. The end result is a mobility services platform that can dramatically simplify Mobile network deployments, provide enhanced edge experiences, enable new and advanced use cases, as theyll as support simple application development.
Read the full post online.
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