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Cisco to buy Cariden Technologies for $141

11/29, 1:04pm

Cisco to buy network traffic-management software company

Cisco announced today that it would be purchasing Cariden Technologies, a privately-held traffic management software maker. The networking giant will pay about $141 million in total for Cariden, which supplies network planning and design solutions for telecoms. The move is Cisco's third major acquisition in a month.

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