Cisco acquires the Israeli start-up company Sedona
Posted on May 11, 2021 by Ifi Reporter - Dan Bielski
American information technology giant Cisco acquires the Israeli start-up company Sedona, which develops communications technologies. According to IVC, the Israeli company has raised about $ 20 million to date. According to Calcalist, the value of the deal is about $ 100 million.
The company was founded in 2014 by Dr. Uri Gerstel from the Technion and serial entrepreneur Yossi Ligstein and among its investors in Samar Venture Partners and Intel Capital. Sedona currently employs 43 people who will join Cisco Tel Aviv, and will be part of the company's development center. This year.
"This is a very significant acquisition for Cisco," Oren Sagi, CEO of Cisco Israel, told Calcalist. The future needs someone who can connect and manage all the layers. Sedona knows how to connect to the whole old world and she does full management of all your services. "
The technology developed at sedona makes it possible to connect to communication networks, which have been built with a large number of technologies and manufacturers, and to manage them as a single unified infrastructure.
The integration of sedona in the Cisco platform creates a system that transforms a multi-layered infrastructure and many manufacturers into a single network controlled by a central controller, and ensures full service on top of any infrastructure (IP, optical, radio). This system simplifies the communication networks of the service providers.
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