Cisco Acquires Wi-Fi Location Player ThinkSmart Technologies

Networking giant Cisco Systems said today that it had acquired ThinkSmart Technologies, an Irish company that provides location data analysis using Wi-Fi technology. ThinkSmart’s technology analyzes information on the movement of people within a building, looking for patterns by time of day, length of stay and other factors to help companies that operate buildings — such as event spaces — plan better and ensure that crowds flow better. Financial terms of the deal were not disclosed.