May 4, 2012 – Cisco announced another deal to flesh out its big and unstructured data capabilities with the bid to buyout privately held real-time analytics provider Truviso.
Truviso software enables real-time network data analysis and reporting based on continuous queries of data sets as opposed to a relational database approach. In a release announcing the deal, Cisco stated that Truviso’s analytics technology would be integrated into its network management platform, Cisco Prime, to enhance real-time data reviews and streaming.
Jamie Lemer, VP and general manager of the Cisco Network Management Technology Group, said in a news release that embedding Truviso’s real-time functionality into Cisco’s network offerings is a move to address enterprise big and unstructured data needs.
“Customers want to be able to tap into and better analyze the enormous volume of data traversing their networks to identify ways to enhance services and generate new revenue opportunities,” said Lemer.
Financial terms of the deal were not disclosed. Truviso was founded in 2005 by a management team with backgrounds at California startups and academic data research.
The last month has seen nearly a dozen acquisitions of various strains of analytics providers as larger vendors like IBM and Teradata push to address niche data markets and big data initiatives. And Cisco has been no stranger to transactions meant to handle large and unstructured data sets. In late March, Cisco announced the buy of mobile video and app management provider ClearAccess, and earlier this year it made the biggest money deal of the first quarter of 2012 with a nearly $5 billion bid for video and content management provider NDS.
Register or login for access to this item and much more
All Information Management content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access