Cisco Systems on Tuesday announced it will acquire SyPixx Networks for $51 million in cash and options.
SyPixx, a privately held company, offers video surveillance software and hardware that allow existing analog video surveillance
systems to operate as part of an IP network, Cisco said. The acquisition will allow Cisco customers to integrate their existing
video surveillance systems into an overall physical security program, Cisco said.
SyPixx sells analog to digital video camera encoders, digital to analog video monitor decoders, analog video transmission
equipment, video recording and management software and servers. The company has 27 employees.
The acquisition is expected to close in Cisco's third quarter which ends April 28. The SyPixx products will become part of
Cisco's Emerging Markets Technology Group.
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