In a recent release, Cisco (News - Alert) announced the intent to acquire privately-held Fluidmesh Networks, a wireless backhaul systems company. Fluidmesh’s technology delivers wireless solutions for mission critical applications like high-speed rail, mass transit and large-scale distributed sites such as ports and urban settings.
Fluidmesh reportedly will extend Cisco’s industrial wireless offerings to industries with on-the-move assets and applications in situations where reliable backhaul is critical. The company said that its scale, when combined with Fluidmesh’s offerings and relationships with systems integrators, will accelerate its industrial IoT business to enable industrial wireless deployments, broaden reach to key customer segments, partners, and end users.
“Cisco provides one of the most secure and reliable networking technologies on the market today,” said Liz Centoni, SVP and GM, Cloud, Compute, and IoT businesses, Cisco. “With wireless technology playing a greater role in every organization’s multi-access IoT strategy, reliable wireless connectivity is paramount to organizations operating Industrial IoT environments, whether that’s manufacturing, mining, rail, or ports, where wireless technology automates operations to improve safety and lower costs. The acquisition of Fluidmesh strengthens Cisco’s offerings in this space with leading technology that’s designed to provide zero loss of data transfer at speeds in excess of 300 Km/h.”
The acquisition of Fluidmesh is expected to close in the fourth quarter of Cisco's fiscal year 2020, subject to customary closing conditions and required regulatory approvals. The Fluidmesh team will join Cisco’s IoT business.
To learn about all sorts of IoT innovations, join us at next year’s IoT Evolution Expo 2021: It’s Time to Grow, taking place in Miami in February. Call for papers now open.