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Cisco Systems Completes Acquisition of SyPixx Networks

Posted on: Wednesday, 5 April 2006, 18:00 CDT

Cisco Systems(R) (NASDAQ:CSCO) today announced it has completed the acquisition of privately-held SyPixx Networks, Inc. of Waterbury, Connecticut.

On March 7, 2006, Cisco announced a definitive agreement to acquire SyPixx Networks, a provider of network-centric video surveillance software and hardware that enables existing analog video systems to operate as part of an open IP network. With the close of the acquisition, Cisco will be able to deliver the SyPixx solution as part of an Intelligent Converged Environment.

SyPixx's video surveillance products will be part of a new business unit, led by Mark Farino as General Manager, reporting in to Marthin De Beer, Vice President of Cisco's Emerging Market Technologies Group.

About Cisco Systems

Cisco Systems, Inc. (NASDAQ:CSCO), the worldwide leader in networking for the Internet, celebrates 20 years of commitment to technology innovation, industry leadership, and corporate social responsibility. Information about Cisco can be found at http://www.cisco.com. For ongoing news, go to http://newsroom.cisco.com.

Cisco, Linksys, Cisco Systems, and the Cisco Systems logo are registered trademarks or trademarks of Cisco Systems, Inc. and/or its affiliates in the United States and certain other countries. All other trademarks mentioned in this document are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company. This document is Cisco Public Information.

Source: Business Wire

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