UpdateCisco announced that the acquisition of Starent Networks has been completed.
Original ArticleCisco announced today that it is acquiring Starent Networks for 35 per share in cash, bringing the total to about 2.9 billion. Starent Networks is a supplier of IPbased mobile infrastructure solutions. Cisco and Starent Networks share a common vision and bring complementary technologies designed to accelerate the transition to the Mobile Internet, where the network is the platform for Service Providers to launch, deliver and monetize the next generation of mobile multimedia applications and services, said Pankaj Patel, Senior Vice PresidentGeneral Manager of Ciscos Service Provider Business.
