Cisco acquires BroadWare

Cisco Systems recently announced an agreement to acquire privately held BroadWare Technologies, a provider of IP-based video surveillance software. The terms of the deal were not disclosed.

According to Cisco, BroadWare’s software enables web-based monitoring, management, recording and storage of audio and video that can be accessed anywhere by authorised users.

The BroadWare acquisition is said to complement Cisco’s existing video surveillance product offering, which provides a smooth migration path from analogue surveillance video to a digital network solution.

By using the IP network as a platform to converge applications, companies can integrate and synchronise video with other safety and security systems as well as other business tools.

BroadWare was founded in 1995 and has 38 employees, with offices in Santa Clara, California and McLean, Virginia. Upon close of the transaction, the BroadWare team and products will be integrated into Cisco’s Emerging Market Technologies Group.