Owners
Fluidmesh Networks — the equipment manufacturer founded in 2005 and the software for wireless networks. The company develops technologies for maintenance of a video and voice communication and also given on the big distributed networks of Wi-fi most of which often suffer from signal loss problems. Solutions are applied in public, marine and railway transport, helping to keep, in particular, in stable wireless communication in trains at the movement at a high speed.
History
2020: Cisco purchased Fluidmesh Networks
At the beginning of April, 2020 Cisco announced Fluidmesh Networks acquisition, but the price of the transaction of the company did not begin to be set. Execute all formalities concerning the signed agreement including get approvals of regulators, it is planned in the fourth quarter 2020.
After closing of the transaction of Cisco she intends to attach Fluidmesh Networks to the division on release of the solutions for the Internet of things. Due to this integration the American producer of network equipment expects to expand the amount of services in the field of wireless communication and to increase the scale of the IoT-business. It is for this purpose going to use specialized sales departments Fluidmesh and the relations with system integrators.
Acquisition of Fluidmesh strengthens the products Cisco in this area thanks to a dominant technology which is developed for ensuring zero loss of data transmission at the speeds exceeding 300 km/h — Liz Centoni, the senior vice president and the general manager of division of Cisco which is engaged in development cloud computing said and IoT-systems, emphasized that the majority of the competing solutions function normally at the movement of objects at a speed up to 30 kmch. |
According to Chentoni, providing access to stable wireless connections is vital for the companies which use IoT-Wednesdays.[1]