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Cisco to buy CAIS software unit

Cisco Systems Inc. of San Jose, CA has agreed to buy CAIS Software from CAIS Internet Inc. for US$170 million in cash and Cisco stock.CAIS Software, based in San Diego, CA, offers software application...


January 1, 2001  


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Cisco Systems Inc. of San Jose, CA has agreed to buy CAIS Software from CAIS Internet Inc. for US$170 million in cash and Cisco stock.

CAIS Software, based in San Diego, CA, offers software applications for companies to manage high-speed Internet services in hotels, apartments, airports and office buildings.

The business is expected to complement Cisco’s DSL, Ethernet, cable and wireless network services.


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