Cisco to buy Israel-based software maker for $475 million

Wed Jan 23, 2013 8:22am EST
 

(Reuters) - Cisco Systems Inc said it will buy Israeli software maker Intucell for about $475 million in cash to expand its mobile network management offerings.

Privately held Intucell makes software that helps mobile carriers manage cellular networks automatically.

(Reporting by Supantha Mukherjee in Bangalore; Editing by Maju Samuel)

 
A sign marking a Cisco office is pictured in San Diego, California November 12, 2012. REUTERS/Mike Blake