Cisco: to buy software firm Observable Networks.

(CercleFinance.com) - Cisco Systems said on Thursday that it has agreed to buy Observable Networks, to support its strategic transition toward software-centered solutions.


A privately held software company headquartered in St. Louis, Observable Networks provides cloud network security applications delivered as a service.

Cisco expects the acquisition to be completed in the first quarter of fiscal year 2018, due to end in October.

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