Cisco has just announced their intent to add to their long list of acquisitions with the acquisition of UK firm Ensoft. The final acquisition date of privately held, Ensoft, is expected to be in the second quarter of Cisco’s fiscal 2019. The sum of the deal has so far been undisclosed.
Ensoft is a software company based in Harpenden with roughly 70 engineers that specialise in the development of all aspects of networking software. Since its incorporation in 1997, Ensoft has been highly profitable and has grown to annual revenue of £10m. They attribute much of this success to the fresh talent of their engineers who are primarily hired straight out of the country’s leading universities.
Ensoft specialises in developing the highly complex software that is the backbone of the world’s most cutting-edge devices. Their success comes from a winning combination of innovation, creativity and outstanding engineering. Just by reading this article, chances are the data has arrived on your screen courtesy of at least one device running Ensoft software.
Their specialities within service provider networking:
In a blog by Rob Salvagno, Vice president of corporate development at Cisco, he said this deal was taking place to “further our commitment to simplify service provider networks through automation and programmability”.
“Cisco’s networking software strategy is centred on enabling simplified, scalable, trusted, and automatable IP network infrastructure.” The Ensoft acquisition will ideally accelerate this strategy and benefit their service provider customers greatly. With Ensoft comes a strong talent pipeline that will aid Cisco’s ongoing innovation in networking software.
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