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. It has automated the management of IoT devices, enabling large enterprises to create new business models that transform products into connected services and help in generating more revenues. Jasper was founded in 2014 by former Google engineers who were looking at how they could help companies integrate more data into their systems. 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.”
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. Jasper was founded in 2014 by former Google engineers who were looking at how they could help companies integrate more data into their systems. 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.”