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,â€� said Jahangir Mohammed
, Jasper Chief Executive Officer. â€œBy coming together, Jasper and Cisco
will help mobile operators and enterprises accelerate their IoT success.â€�
Jasper CEO Jahangir Mohammed will run the new IoT Software Business Unit under Rowan Trollope, Cisco senior vice president and general manager, IoT and Collaboration Technology Group.
The acquisition is expected to close in the third quarter of fiscal year 2016, subject to customary closing conditions.
Visit the blog for more information about Ciscoâ€™s intent to acquire Jasper
Investor and Media Conference Call:
Cisco Vice President of Corporate Development Rob Salvagno will join Ciscoâ€™s Senior Vice President and General Manager, IoT and Collaboration Technology Group, Rowan Trollope, and Jasper CEO Jahangir Mohammed, to host a joint investor and press call on February 3 at 2:00 PMÂ PST to discuss the proposed transaction.Â To view the webcastÂ go to:Â http://edge.media-server.com/m/p/3jnsipgu.