Procket Gets Unplugged

Well, it’s official – Procket is unplugged and sold to Cisco. At $89M, where they invested $300M, and Cisco was an early investor, I’d say they got a bargain. But will they use the technology?

According to one Cisco insider I spoke with he think the technology isn’t the big thing. “I think we regard it as a bargain: purchase 50 high end engineers, fluent in router design, ASIC design and layout, board design, SW, etc. for 80 million. Not a bad deal”. As to the tech, he says simply “We are fragmented enough as it is”. So they’ll find a use for it somewhere but it isn’t urgent.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.