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Cisco to buy Jasper IoT platform for USD 1.4 bln

2016-02-04 08:19:00| Telecompaper Headlines

(Telecompaper) Cisco has agreed to acquire Jasper Technologies, the US-based developer of a cloud-based platform for offering IoT services. Japser's platform is used by telecom operators to launch, manage and monetize IoT services over mobile networks. Under the terms of the agreement, Cisco will pay USD 1.4 billion in cash and assumed equity awards, plus additional retention-based incentives. The proposed acquisition will allow Cisco to offer a complete IoT solution that is interoperable across devices and works with IoT service providers, application developers and an ecosystem of partners. Cisco said it will continue to build upon the Jasper IoT service platform and add new IoT services such as enterprise Wi-Fi, security for connected devices, and advanced analytics to better manage device usage. Jasper CEO Jahangir Mohammed will run the new IoT Software Business Unit at Cisco.

Tags: buy usd platform cisco

Cisco to acquire Jasper for $1.4bn

2016-02-04 01:00:00| Total Telecom industry news

Jasper CEO Jahangir Mohammed to lead networking giant's new IoT software division; deal expected to close in third quarter.

Tags: acquire cisco jasper 14bn

Order from Jasper Engines & Transmissions Includes Company's Seventh Sunnen SV-20 Honing System and First SH-4000

2015-12-04 11:31:10| Industrial Newsroom - All News for Today

St. Louis, Mo. Sunnen Products Company has recently completed an order for several honing machines from Jasper Engines Transmissions, including the SV-20 and SH-4000 models, as well as necessary tooling and abrasives. Jasper now has a total of seven SV-20 engine-block honing machines at its plants in Jasper and...

Tags: first order system includes

Georgia and South Carolina port authorities to develop Jasper Ocean Terminal

2015-11-19 01:00:00| Ship Technology

The port authorities of Georgia and South Carolina have reportedly entered into an agreement to work together on the development of a new terminal on the South Carolina side of the Savannah River.

Tags: south port develop georgia