Cisco has announced its intent to acquire privately held Ubiquisys, headquartered in Swindon, UK. Under the terms of the agreement, Cisco will pay approximately $310 million in cash and retention-based incentives to acquire Ubiquisys’ entire business and operations.
Ubiquisys provides 3G and long-term evolution (LTE) small-cell technologies that provide seamless connectivity across mobile heterogeneous networks for service providers. Its small-cell solution adds dynamic intelligence at the edge of the network, enabling service providers to better monetize and optimize their mobile networks. Ubiquisys’ indoor small-cell expertise and focus on intelligent software for licensed 3G and LTE spectrum, coupled with Cisco’s mobility portfolio and Wi-Fi expertise, will enable a comprehensive small-cell solution for service providers that support the transition to next-generation radio access networks.
According to Kelly Ahuja, senior vice president and general manager, Cisco Mobility Business Group, Cisco is doubling down on its small-cell business to accelerate momentum and growth in the mobility market. “By acquiring Ubiquisys, we are expanding on our current mobility leadership and our end-to-end product portfolio, which includes integrated, licensed and unlicensed small-cell solutions that are tightly coupled with SON, backhaul and the mobile packet core,” Ahuja stated.
Upon the close of the acquisition, Ubiquisys employees will be integrated into the Cisco Mobility Business Group. The acquisition is expected to close in the fourth quarter of Cisco’s fiscal year 2013, subject to customary closing conditions.