Tuesday, October 13, 2009

Cisco to acquire Starent for $2.9 billion

Aiming to expand its mobile Internet offerings, Cisco Systems will acquire Starent Networks for $2.9 billion, the companies announced Tuesday.

Starent offers IP-based infrastructure technology designed to help carriers scale up their mobile networks. Starent's technology is used in CDMA2000, UMTS/HSPA, and WiMax networks.

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