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 . The technology uses cellular networks of top global service providers and helps manage these devices using its Service as a Software (SaaS) platform. 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 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 . ”