Cisco to buy network memory vendor Nemo Systems

01:30 - Saturday 1 October 2005 by Wolfgang Gruener
Source: Tom's Hardware – Keywords: cisco, to, buy, network, memory, vendor, nemo, systems 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 . (IT World)


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