Menu
​Cisco eyes greater market share with $US700 million video conferencing acquisition

​Cisco eyes greater market share with $US700 million video conferencing acquisition

“Cisco’s collaboration business is already seeing the impact of this trend, with 17 percent year-over-year growth in the first quarter of fiscal year 2016."

Cisco has announced its intent to acquire Acano Limited for $US700 million, a privately held company based in London that provides collaboration infrastructure and conferencing software.

Acano’s hardware and software includes gateways, and video and audio bridging technology that allows customers to connect video systems from multiple vendors across both cloud and hybrid environments.

According to the tech giant, this acquisition will accelerate Cisco’s collaboration strategy to deliver video everywhere, across every endpoint, every screen, every workspace, and to every user.

“People, companies and organisations are more geographically dispersed than ever before, and collaboration is essential to helping teams increase productivity and drive growth,” says Rob Salvagno, vice president, Corporate Development, Cisco.

“Acano’s innovations make it easier for customers to collaborate when, where and how they want. Together, we will help our customers to extend collaboration to every room, every screen and every user.”

The Acano team will join the Cisco Collaboration Technology Group led by Rowan Trollope, senior vice president and general manager with the acquisition expected to close in the third quarter of fiscal year 2016.

Salvagno says that today, less than 10 percent of the conference rooms in the world are connected via video.

However, there is a massive market shift underway in collaboration - customers want the ability to easily connect from anywhere, from dedicated hardware endpoints to sharing video on a mobile phone.

“Cisco’s collaboration business is already seeing the impact of this trend, with 17 percent year-over-year growth in the first quarter of fiscal year 2016,” Salvagno adds.

“As the momentum continues, there is a need to deliver solutions that will connect any system, regardless of vendor, at a scale that is dramatically higher than ever before.

“Acano’s technology and expertise will enable us to accelerate our development in the key areas of interoperability and scalability.”


Follow Us

Join the New Zealand Reseller News newsletter!

Error: Please check your email address.

Tags unified communicationsAcano LimitedNetworkingCloudciscovideo

Featured

Slideshows

Kiwi channel comes together for another round of After Hours

Kiwi channel comes together for another round of After Hours

The channel came together for another round of After Hours, with a bumper crowd of distributors, vendors and partners descending on The Jefferson in Auckland. Photos by Maria Stefina.​

Kiwi channel comes together for another round of After Hours
Consegna comes to town with AWS cloud offerings launch in Auckland

Consegna comes to town with AWS cloud offerings launch in Auckland

Emerging start-up Consegna has officially launched its cloud offerings in the New Zealand market, through a kick-off event held at Seafarers Building in Auckland.​ Founded in June 2016, the Auckland-based business is backed by AWS and supported by a global team of cloud specialists, leveraging global managed services partnerships with Rackspace locally.

Consegna comes to town with AWS cloud offerings launch in Auckland
Veritas honours top performing trans-Tasman partners

Veritas honours top performing trans-Tasman partners

Veritas honoured its top performing partners across the channel in Australia and New Zealand, recognising innovation and excellence on both sides of the Tasman. Revealed under the Vivid lights in Sydney, Intalock claimed the coveted Partner of the Year 2017 (Pacific) award, with Data#3 acknowledged for 12 months of strong growth across the market. Meanwhile, Datacom took home the New Zealand honours, with Global Storage and Insentra winning service provider and consulting awards respectively. Dicker Data was recognised as the standout distributor of the year, while Hitachi Data Systems claimed the alliance partner award. Photos by Bob Seary.

Veritas honours top performing trans-Tasman partners
Show Comments