CHENNAI: Communications technology giant Cisco announced the takeover of yet another technology firm, this time the Advanced Analytics Team and associated advanced analytics intellectual property developed by Saggezza, a privately-held technology services company with bases in Chicago, Chennai and Santa Clara.
While the companies did not disclose the acquisition cost, Cisco’s statement did say that the acquisition is aligned to Cisco’s strategic goals to develop innovative big data analytics, and cloud technologies, while also cultivating top talent.
According to Saggezza, the Advanced Analytics team bwing acquired is a select group of platform analytics experts within Saggezza with unique capabilities in cloud and secure platform development.
This team has been responsible for developing innovative technology that powers Saggezza’s internal analytics platform, which enables customers to rapidly acquire and analyze data, creating complex rules and new data visualization applications.
“This talent acquisition brings unique expertise in analytics, cloud and secure platform development. Given the importance of analytics for optimizing network performance, these capabilities will complement Cisco’s Digital Network Architecture (DNA),” said a statement from the firms.
By adding the team, Cisco will augment its current analytics capabilities and improve insights into network performance and automation, accelerate Cisco DNA development efforts, and enhance our cloud and SaaS analytics offerings.