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Cisco Acquires Wi-Fi Location Player ThinkSmart Technologies

Published on September 26, 2012
by Arik Hesseldahl

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.

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