Cisco to buy network memory vendor Nemo Systems

04:52 - Monday 3 October 2005 by From the Web
Source: Tom's Hardware – Keywords: cisco, nemo Category : Miscellaneous
Cisco Systems has signed an agreement to acquire Nemo Systems, a network memory vendor, for $12.5 million in cash, Cisco announced Friday.

Nemo Systems, based in Los Altos, California, offers "cutting-edge" technology that will be incorporated into Cisco products, according to a Cisco press release.

Read the complete story here. (IT World)

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