Menu
Cisco will get stronger in IoT by buying Jasper for $US1.4 billion

Cisco will get stronger in IoT by buying Jasper for $US1.4 billion

Jasper sells a SaaS platform for enterprise IoT management

Cisco Systems plans to acquire Internet of Things platform company, Jasper Technologies, for more than $US1.4 billion, giving the networking giant an even larger role in enterprises' growing use of IoT.

Jasper connects devices to the Internet through 27 service-provider groups around the world and runs a SaaS (software as a service) platform for managing the connectivity of those devices. This makes it easier for enterprises to take advantage of IoT to add new service revenue streams or change a business from the selling of products to the delivery of ongoing services.

As a major provider of network infrastructure, Cisco already plays a big role in IoT and sees this field as a major future direction. In Jasper, it would add one of the most prominent companies specializing in IoT. The deal is expected to close during Cisco's third fiscal quarter, which ends in April.

Cisco plans to build upon Jasper's IoT service platform, which serves more than 3500 enterprises worldwide, and add new services including enterprise Wi-Fi, connected-device security and advanced analytics to manage device use, the company said.

Jasper CEO, Jahangir Mohammed, will lead a new IoT Software Business under Rowan Trollope, general manager of Cisco's IoT and Collaboration Technology Group.

The deal will make it easier for businesses to connect IoT devices, analyst Steve Hilton of MachNation said via email. For one thing, they will no longer have to use more than one vendor to manage LAN and WAN environments for IoT, he wrote.

Follow Us

Join the New Zealand Reseller News newsletter!

Error: Please check your email address.

Tags SaaSInternet of ThingsciscoJasperIoT

Slideshows

Top 50 defining moments of the New Zealand channel in 2016

Top 50 defining moments of the New Zealand channel in 2016

Reseller News looks back on a tumultuous 12 months for the New Zealand channel, assessing the fallout from a year of sizeable industry change. Whether it be local or global mergers and acquisitions, distribution deals or job changes, the channel that started the year differs somewhat to the one set to finish it - Reseller News assesses the key moments that made 2016.​

Top 50 defining moments of the New Zealand channel in 2016
​Hewlett Packard Enterprise honours high achieving NZ channel

​Hewlett Packard Enterprise honours high achieving NZ channel

Hewlett Packard Enterprise honoured its top performing Kiwi partners at the second running of its HPE Partner Awards in New Zealand, held at a glitzy ceremony in Auckland. Recognising excellence across eight categories - from distributors to resellers - the tech giant celebrated its first year as a standalone company, following its official split from HP in 2015.

​Hewlett Packard Enterprise honours high achieving NZ channel
Nutanix treats channel partners to Christmas cruise

Nutanix treats channel partners to Christmas cruise

Nutanix recently took to the seas for a Christmas Cruise around Sydney Harbour with its Australia and New Zealand staff, customers and partners to celebrate a stellar year for the vendor. With the sun out, they were all smiles and mingled over drinks and food.

Nutanix treats channel partners to Christmas cruise
Show Comments