Cisco to acquire location-services company July Systems

Cisco to acquire location-services company July Systems

Cisco Systems Inc. CSCO, -0.88% said Tuesday that it plans to acquire privately held July Systems Inc., which makes location-based software. “This acquisition also supports our journey to intent-based networking -a fundamentally new way of building and managing networks for the digital era,” Cisco said in a release. July Systems will be part of the company’s Enterprise Networking Group. Terms of the deal weren’t disclosed. Cisco shares are down 1.4% in premarket trading but up…

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