Cisco Systems buys Parc Technologies

Cisco Systems is to acquire privately held Parc Technologies, the UK developer of traffic engineering (TE) software that enables ISPs to optimise the routing of network traffic.

Cisco Systems is to acquire privately held Parc Technologies, the UK developer of traffic engineering (TE) software that enables ISPs to route network traffic in such a way that they can offer the best service to their users in terms of throughput and delay.

Under the terms of the deal, Cisco will pay around $9 million in cash for all outstanding shares of the company that it does not already hold.

Parc’s ‘Route Server’ algorithms break up network routing problems involving complex ‘Quality of Service’ constraints. The algorithms integrate specialised solvers and the solutions they generate can help service providers deliver better services while improving network use.

Parc’s Route Server software will be incorporated into Cisco’s Multiprotocol Label Switching (MPLS) Management product portfolio and will be made available as part of Cisco’s IP Solution Center (ISC).

The integrated solution will compute and provision optimised traffic paths for both primary and fast restoration backup traffic.

The acquisition of Parc is subject to various standard closing conditions and is expected to close in the first quarter of Cisco’s 2005 fiscal year.