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Cisco Buys Sipura

4/26/2005 5:42 AM Eastern

Cisco Systems Inc. has purchased Sipura Technology Inc., a provider of consumer voice-over-Internet-protocol technology, for $68 million in cash.

Sipura will fall under Cisco's Linksys division, which already uses some Sipura gear in its VoIP-networking devices.

"VoIP is a strategic segment for innovation and growth for Cisco and Linksys," Cisco chief technology officer and Cisco-Linksys president Charles Giancarlo said in a prepared statement.

 

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