20 June 2018, India:
Cisco has announced its intent to acquire July Systems. The deal size and terms has not been disclosed yet. The acquisition is expected to complete in first quarter of fiscal year 2019.
July Systems provides an enterprise-grade location platform with leading features such as instant customer activation, data-driven behavioral insights, contextual rules engine and APIs. The solution is a cloud-based subscription offering with global footprint and backed by end-to-end SLA.
This acquisition supports Cisco’s journey to intent-based networking – a fundamentally new way of building and managing networks for the digital era.
“Enterprises have an opportunity to take advantage of their in-building Wi-Fi for a broad range of indoor location services. In addition to providing seamless connectivity, Wi-Fi can help enterprises glean deep visitor behavior insights, associate these learnings with their enterprise systems, and drive better customer and employee experiences,” the company said in a blog-post.
“We have worked alongside the July Systems team for several years as an OEM for Cisco Connected Mobile Experience(CMX)and have offered similar capabilities for our Meraki customers as well. We plan to add July Systems’ platform and business context capabilities to provide a unified solution on which our partners and customers can build and deliver a range of indoor location services for industries as diverse as healthcare, government, logistics, manufacturing, sports arenas, hotels, education and retail. Some of our CMX Engage customers include Intercontinental Hotels Group (IHG) and Westfield Corp,” the blog further added.
The July Systems team will join Cisco’s Enterprise Networking Group led by Scott Harrell, senior vice president and general manager.
(Image – Cisco)