For Cisco, this will allow the company to offer video surveillance as a part of their Intelligent Converged Environment in one networked platform. Upon the close of the transaction, SyPixx products will become part of new business unit in the Emerging Markets Technology Group. The acquisition will mark Cisco’s entry into the physical security market.
“[The acquisition] gives us the ability to connect legacy surveillance systems, cameras, keyboard and storage systems and feed it across the network. This is a great opportunity for us to enter into the market as [SyPixx] has a huge base of systems to connect to the network,†said Steve Collen, marketing director of Cisco’s Converged Secure Infrastructure business unit.