Network provider Cisco has said it will buy the start Arch Rock for a undisclosed amount. The San Franscisco based firm was developing technology-based wireless IP network that allows data to be collected from sensors used in the emerging “intelligent network” of the market.
Laura Ipsen, senior vice president and general manager business unit of Cisco Smart Grid commented on the move: “The wireless mesh technology improves Arch Rock IP-based Cisco intelligent network offers end to end. This acquisition positions Cisco as a strategic partner to public services working to better manage supply and energy demand, improve safety and reliability of power supply and optimize operating costs. ”
The acquisition of Arco Rock signals a growing desire by Cisco to achieve the status of being the first in the market for intelligent networks. Intelligent networks are intelligent systems for energy distribution that enable intelligent authorities and consumers monitor and maintain the electricity consumption. The same decision comes just a day after Cisco announced a broad partnership with Itron smart meters provider to develop a communications platform based on the known Internet protocol, instead of the owners currently in use. The agreement also means that the Cisco equipment will become the default for use in their own smart meters from Itron.
Arch Rock will join Cisco Smart Grid business unit, where the agreement is formally complete in the second half of this year.