Cisco today announced it is acquiring ClearAccess, a provider of TR-069 software enabling the provision and management of residential and mobile devices, an acquisition that moves it further into the telecom carrier space. Cisco is taking on ClearAccess’ software business and workforce, while the hardware portion of the business will continue independently as Smart RG Gateways, according to a Cisco press release. Financial terms of the acquisition weren’t disclosed.
“Service providers are faced with growing network complexity, exploding video and data traffic, and an increasing number of devices connected to their networks. With the proliferation of these devices, service providers are looking for ways to immediately lower operating expense while delivering and enabling new services,” Cisco explained. Acquiring ClearAccess “will enable service providers to better deliver, manage and monetize their services, while helping to improve operational efficiencies and customer experiences.”
Acquiring ClearAccess will augment Cisco Prime’s network management software portfolio, the San Jose-based network industry leader continued, “by offering service providers a set of powerful tools for managing the connected home, including monitoring and managing bandwidth usage, potential controls, diagnostics and analytics.”
“The ClearAccess acquisition reinforces Cisco’s commitment to service providers by accelerating software architectural advancements in mobility, cloud and managed devices, and video,” said Jamie Lerner, vice president and general manager, Cisco Network Management Technology Group, Service Provider Applications.
“ClearAccess provides a critical technology that will advance Cisco’s mission to offer service providers a complete set of tools to manage their networks, within the home and across any connected device, amid the ongoing proliferation in network traffic.”