We are at an inflection point in video adoption. In the enterprise alone, less than 10 percent of the conference rooms in the world are connected via video and only 1 percent of users have video systems on their desktop today. The market is poised for dramatic growth, with IP video expected to represent 80 percent of all global Internet traffic by 2019, up from 67 percent in 2014.
Cisco believes that we can capture this massive market opportunity by delivering the best collaboration experience across every endpoint, every screen, every workspace, and to every user. Our vision is to dramatically increase the number of video-enabled conference rooms – moving from every one in 10 conference rooms connected with video, to every one in four within the next ten years. And we want people to be able to connect to those rooms easily from any device or system they have today. That’s why today we are announcing Cisco’s intent to acquire privately-held Acano Limited, a leading provider of collaboration infrastructure and conferencing software.
Acano’s portfolio includes video and audio bridging technology and gateways to enable customers to connect different collaboration solutions from disparate vendors across cloud and hybrid environments. Together, Acano will help Cisco expand the interoperability and scalability of our collaboration portfolio – allowing customers to connect from anywhere, from a browser on a mobile device to the corporate boardroom, and now scaling to easily connect thousands of users across an organization.
Over the last two years, Cisco’s collaboration business has provided a standout example of the strength of our build, buy, partner, invest and co-develop approach to innovation. Internally, Cisco’s collaboration team has achieved several significant milestones, refreshing the entire endpoint portfolio in the past 12 months and simplifying our offerings from 65 endpoints down to 17, and driving double-digit endpoint growth each quarter for the past year. We’ve introduced a new cloud collaboration platform and Cisco Spark, a new team collaboration service. Acquisitions also played a key role; over the past two years we’ve acquired three companies to help accelerate our development in cloud, Collaborate, Assemblage and Tropo. And we’ve introduced key partnerships such as one with Apple earlier this fall to integrate iPhones with Cisco environments and provide unique collaboration capabilities on iPhones and iPads.
Today’s acquisition builds upon this strategy. By combining Acano’s expertise with a Cisco team that has driven incredible growth of our collaboration business, we believe we can accelerate our collaboration momentum and bring new capabilities to market faster. The Cisco and Acano teams together will help make video dramatically more pervasive to the desktop and to conference rooms of all sizes.
Tags: acquisition, cloud, collaboration, video conferencing
In today’s rapidly evolving market, the lines continue to blur between PayTV, such as premium subscription content, and over-the-top (OTT) streaming video service offerings. Service providers, content providers, media companies and broadcasters are all launching services of their own. OTT is fast becoming the new normal, where open, cloud-based technologies allow innovation at a rate simply not possible with traditional TV technologies.
Today, we are pleased to announce our intent to acquire 1 Mainstream Inc., a privately held company that offers a cloud-based video platform designed to quickly launch live and on-demand OTT video services to a variety of connected devices. 1 Mainstream helps service providers, broadcasters, media companies and emerging digital content companies deliver their media content to almost any connected media device, from Apple TV to Microsoft Xbox.
1 Mainstream plays a key role in the OTT PayTV and media industry, sitting at the intersection between content and connected devices, and seamlessly moving content across connected devices. The company’s platform is widely used by major content providers and traditional service providers, to deliver their content across most of the video streaming platforms available today.
According to Cisco’s Global Cloud Index announced today, global cloud traffic will more than quadruple by the end of 2019. With the acquisition of 1 Mainstream, Cisco will enable our customers to leverage the cloud to deliver new services faster and accelerate their own TV services.
1 Mainstream’s technology complements Cisco’s new ‘Infinite’ suite of cloud-powered video entertainment solutions designed to help service providers, broadcasters and media companies to deliver outstanding TV experiences to multiple screens, utilizing one cloud, on any network. Today’s acquisition will enable service providers, broadcasters and media companies to make their entire channel lineup and content library available to their customers on the internet via their TV, tablet or connected devices, either within the home or on the go.
Acquisitions are a foundational element of Cisco’s build, buy, partner, invest and co-develop approach to innovation. 1 Mainstream represents the third acquisition announced by Cisco this week and highlights how we are applying our unique approach to innovation to capture key market disruptions in areas such as cloud (1 Mainstream), analytics (ParStream) and security (Lancope).
1 Mainstream will join our Service Provider Video Software and Solutions Cloud Engineering Group, under the leadership of Conrad Clemson, senior vice president and general manager. The acquisition is expected to be complete in the second quarter of Cisco’s current fiscal year.
Tags: acquisition, cloud, entertainment, Infinite, innovation, ott, service provider video
As enterprises digitize their businesses and 50 billion devices come online over the next five years, cyber attackers are perpetually trying to stay one step ahead of these trends and becoming more adept at exploiting security weaknesses and avoiding detection. To help customers address these nascent risks, Cisco is focused on delivering solutions across the extended network, what we call Security Everywhere. We are embedding threat protection capabilities from the enterprise infrastructure to the data center, from mobile to the cloud, and through to endpoints.
To address this proliferation of security threats and help our customers protect their networks and endpoints, we are pleased to announce Cisco’s intent to acquire privately-held Lancope, Inc. Lancope, through its StealthWatch system, provides network behavior analytics, threat visibility and security intelligence to protect enterprise networks against today’s top threats.
Lancope has been part of Cisco’s security solution for many years through a successful commercial relationship and now we are coming together as one team. Our combined solutions help secure customers’ resources and critical assets by using their network as a sensor—extending protection further into their networks and allowing them to see more threats and to identify these threats faster. Together, Cisco and Lancope will advance Cisco’s Security Everywhere strategy of providing advanced threat protection across the full attack continuum—before, during and after an attack.
The acquisition of Lancope compliments our other recent security acquisitions including OpenDNS, Portcullis, and Neohapsis. We look forward to welcoming the Lancope team to Cisco’s Security Business Group led by David Goeckeler, senior vice president and general manager. We expect the acquisition to close in the second quarter of Cisco’s current fiscal year.
Tags: #SecurityEverywhere, acquisition, cybersecurity
As the burgeoning Internet of Things (IoT) becomes a reality, it’s estimated that 50 billion devices and objects will be connected to the Internet by 2020. With this massive number of new connections, valuable data will be created at an even faster pace than most companies can manage. That’s why we are pleased to announce Cisco’s intent to acquire ParStream, a privately-held company based in Cologne, Germany that provides an analytics database that allows companies to analyze large amounts of data and store it in near real time anywhere in the network.
Speed is critical for helping companies to generate value from data in IoT environments. ParStream’s highly specialized database is built for IoT environments. It allows customers to compute and analyze large amounts of data at the edge in real time, with minimal infrastructure and operating costs at the edge. Using innovative compression and indexing capabilities, ParStream’s technology helps customers access data faster and at scale, rapidly analyzing and filtering billions of records and getting information to the business in near real-time. This acquisition complements Cisco’s current data and analytics portfolio, improving our ability to provide analytics at the edge of the network, where data is increasingly being generated and in huge volume. The value of IT has always been derived from the intelligence contained in data. Analytics are at the heart of Cisco’s strategy for a hyper distributed intelligent infrastructure.
ParStream’s technology, for example, can help a renewable energy company track and monitor thousands of wind turbines at once by providing the information to optimize the performance of each turbine and quickly adjust to changing environmental factors like wind direction and temperature. Instead of sending this data to a centralized server, now a company can store the data at the edge of the network, closer to the turbines and sensors, and track results even across a highly distributed network. Real-time access to data derived from the connected equipment can lead to benefits like decreased equipment downtime through predictive maintenance, increased productivity, and historical analysis of environmental patterns.
ParStream was part of the Cisco Entrepreneurs in Residence start up program. The ParStream team will be integrated into Cisco’s Analytics and Automation portfolio, joining the Data and Analytics Group. The acquisition is expected to close in the second quarter of fiscal year 2016.
Tags: acquisition, data and analytics, IoT, rob salvagno
There’s no question that cybersecurity is top-of-mind for Fortune 500 companies. This, compounded by a significant global security talent shortage, contributes to the burgeoning need for security companies to deliver both a comprehensive technology portfolio and a strong security consultancy service practice.
With this as the backdrop, Cisco is pleased to announce its intent to acquire Portcullis Computer Security, Ltd., a privately held UK-based consultancy that provides cybersecurity services to enterprise clients and the government sector. Portcullis’ range of security consulting services includes assessments to identify vulnerabilities, forensic testing, first responder training to prepare for attacks, policy review and creation, security awareness training, and overall security posture audits. Together, Cisco and Portcullis will provide strategic guidance to our clients to help them with their most difficult security challenges.
Through this acquisition, we increase our ability to offer robust security, risk and compliance services to help clients overcome operational and technical security challenges, anticipate and respond to new threats, and drive new business.
The acquisition of Portcullis also complements the talent and skills Cisco gained through the Neohapsis acquisition earlier this year. Portcullis has a long history of providing security consulting services in Europe, with an extensive customer network, and a respected reputation for penetration testing of web applications and infrastructure. When paired with Cisco’s existing security services portfolio, Portcullis will help accelerate Cisco’s security services business and more quickly expand its security consulting services outside of North America.
The Portcullis team will join the Cisco Security Solutions organization under the leadership of Vice President James Mobley. The acquisition is expected to be complete in the second quarter of fiscal year 2016.
Tags: acquisition, James Mobley, M&A, Mergers and Acquisitions, Risk Management, rob salvagno, security, services