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Old 22nd Feb 07, 02:35 PM
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Cisco pays $135m for Reactivity
Fourth buy of the year

Cisco is continuing its buying spree, paying $135m in cash and options for Reactivity.

The 56 person company, founded in 1998, makes XML integration products. The devices work on most platforms to make service oriented architecture easier to implement.

Reactivity's customers include Gartner, Forrester, and Xerox.

Cisco has strengthened its application business with a string of recent purchases to support its move to a web services world.

The deal is subject to the usual regulatory conditions but should close in the third quarter of 2007.

There's more information here.

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