Cisco acquires Jasper (Iot company not formal part of CDNS) for $1.4B

[Bernard Murphy]

Revealing not just for moves in IoT but also for a statement in the article that Cisco is looking to grow in software, especially towards the cloud because "networking hardware is becoming commoditized and losing value".

Cisco To Buy Jasper Technologies For $1.4 Billion | TechCrunch

 

[Pankaj12]

That's the things about Internet Of Things Application scope in real life. All the major tech giants want their share of the next .com alike boom it's not just CISCO but others as well. For instance Sony's acquiring of Altair.