Networking

News Byte

Cisco Acquires U.K.-Based Ubiquisys for $310 Million

Arik Hesseldahl in News on April 3 at 8:39 am PT

Networking giant Cisco Systems said today that it will spend $310 million to acquire Ubiquisys, a maker of indoor, small-cell LTE wireless networking gear, based in the U.K. The company specializes in making femtocells, miniature wireless base stations that boost wireless coverage inside buildings where traditional cell towers sometimes struggle. In a statement, Cisco described the deal as a “doubling down” of its own existing small-cell business.