Tuesday, December 18, 2012

BroadHop Acquired By Cisco

Denver-based BroadHop, a developer of policy control and serve management hardware for mobile and fixed networks, has been acquired by Cisco. Financial terms of the acquisition were not announced. Cisco said the acquisition will help add a "critical piece of service creation technology" to its portfolio. BroadHop's venture backers include Peninsula Ventures and Boulder Ventures.