The Associated Press January 26, 2011, 9:19AM ET

Cisco to buy Pari Networks for undisclosed sum

Cisco Systems Inc., the world's largest maker of networking gear, said Wednesday that it will buy Pari Networks, whose network configuration technology will help Cisco manage the very networks for which it already makes routers and other equipment.

Terms of the deal were not disclosed. The purchase is expected to close in the third quarter of Cisco's fiscal year.

Cisco, based in San Jose, Calif., is best known for making equipment that allows consumers and businesses to get online. Its acquisition of privately held Pari Networks will enable it to help customers troubleshoot network problems as well.

"As business functions become more reliant on devices and applications that run over their networks, customers realize that maintaining the health and performance of the network is critical," said Joe Pinto, senior vice president of technical services, in a statement. "Pari Networks will help Cisco and our partners to deliver smarter, more proactive services that help our customers to identify potential network problems before they occur and optimize the performance, management and efficiency of their networks."

Pari Networks is based in Milpitas, Calif., with some employees located in Hyderabad, India.

Shares of Cisco edged up 5 cents to $21.59 during premarket trading.


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