Cisco announced its intent to acquire privately held Intucell. Headquartered in Israel, Intucell provides advanced self-optimising network (SON) software, which enables mobile carriers to plan, configure, manage, optimise and heal mobile networks automatically, according to real-time changing network demands. Cisco said that the acquisition of Intucell enhances its commitment to global service providers by adding a critical network intelligence layer to manage and optimise spectrum, coverage and capacity, and ultimately the quality of the mobile experience.
Upon the close of the acquisition, Intucell employees will be integrated into Cisco's Service Provider Mobility Group, reporting to Shailesh Shukla, vice president and general manager, Software and Applications Group. Under the terms of the agreement, Cisco will pay approximately USD 475 million in cash and retention-based incentives to acquire the entire business and operations of Intucell. The acquisition is expected to close in the third quarter of Cisco's fiscal year 2013, subject to customary closing conditions, including applicable regulatory approvals.
