Cisco has announced it is to acquire Jasper Technologies , which provides a cloud solution for the Internet of Things , for $ 1.4bn . The technology allows clients to connect all of their IoT services via the cloud , whilst ensuring privacy , and currently services over 3500 enterprises , and 27 service providers globally . Commenting on the move , Jahangir Mohammed , Jasper Chief Executive Officer . said “ " has become a business imperative across the globe . Companies in every industry need integrated solutions that give them complete visibility and control over their connected services , while also being simple to implement , manage and scale . ”
Cisco has announced it is to acquire Jasper Technologies, which provides a cloud platform for the Internet of Things, for $1.4bn. The technology allows clients to connect all of their IoT devices via the cloud, whilst ensuring security, and currently services over 3500 enterprises, and 27 service providers globally. Commenting on the move, Jahangir Mohammed, Jasper Chief Executive Officer. said “IoT has become a business imperative across the globe. Enterprises in every industry need integrated solutions that give them complete visibility and control over their connected services, while also being simple to implement, manage and scale.”