Cisco to acquire Ubiquisys for $310m

Cisco has announced its intent to acquire privately held Ubiquisys for approximately $310m.

Swindon-based Ubiquisys is a provider of intelligent 3G and long-term evolution (LTE) small-cell technologies that provide connectivity across mobile heterogeneous networks for service providers.

Cisco will use cash and retention-based incentives to acquire the entire business and operations of Ubiquisys.

The acquisition is expected to close in the fourth quarter of Cisco’s fiscal year 2013, subject to customary closing conditions.