Global networking leader Cisco, has announcd plans to acquire Pari Networks, an Indian-innovation driven Hyderabad-and-US-based provider of solutions to configure networks better, manage change and ensure compliance with standards and regulations. Cisco hopes the acquisition will boost its own ability to help ensue that customer networks are healthy, stable -- and smart.
Based in Milpitas, California, with a development team in HiTech City, Madhapur, Hyderabad, Pari Networks was co-founded by four Indian engineers -- and interestingly all of them held key technical positions in Cisco earlier. They are : Kishore Kumar, Pari's CEO, who was senior product line manager looking after router based security in Cisco Security Technology Group. Prior to Cisco Kishore worked in IBM, and founded wireless and security services startups. Kishore has a master's degree in Computer Technology from Jawaharlal Nehru University, New Delhi.
Satyan Raju Chief Technical Officer, held several key technical positions with Cisco Systems, and Oracle Corp. While at Cisco, Satyan was responsible for developing innovative management solutions for high end routers and wireless technologies. Satyan received a BS in computer science from Gulbarga University.
Sreenivas Devalla (Chief Development Officer) who prior to Pari Networks, held several key technical positions with Cisco Systems, and Bell Labs, Lucent Technologies. While at Cisco, Sreenivas was responsible for developing intelligent wireless applications for WLAN market. Sreenivas has a master's degree in Computer Science from Motilal Nehru Regional Engineering College, Allahabad.
Siri Kothe (Chief Operating Officer) a senior technologist specializing in IP networking and high end routing. Prior to Pari Networks Siri held several technical and managerial roles at Cisco Systems and Motorola. While at Cisco Siri was responsible for developing ethernet line cards for Cisco 12000 series routers. Siri received his MS from IIT Kharagpur.
"As business functions become more reliant on devices and applications that run over their networks, customers realize that maintaining the health and performance of the network is critical," said Joe Pinto, senior vice president of Cisco's Technical Services. "Pari Networks will help Cisco and our partners to deliver smarter, more proactive services that help our customers to identify potential network problems before they occur and optimize the performance, management and efficiency of their networks."
The attraction for Cisco seems to be Pari Networks' advanced technology solutions in network change managementas well as its Hyderabad-based industry-leading team of engineers.
Financial terms of the transaction are not available. The acquisition is subject to various standard closing conditions and is expected to be complete in the third quarter of Cisco's fiscal year 2011.
January 26 2011