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Reuters

Business

Cisco to acquire software firm ThousandEyes

FILE PHOTO: The logo of U.S. networks giant Cisco Systems is seen at their headquarters in Issy-les-Moulineaux, near Paris, France, April 3, 2018. REUTERS/Philippe Wojazer

Cisco Systems Inc <CSCO.O> has agreed to acquire privately held software maker ThousandEyes Inc, the network gear maker said on Thursday.

The deal is worth nearly $1 billion, Bloomberg reported earlier, citing sources.

(Reporting by Munsif Vengattil in Bengaluru; Editing by Aditya Soni)

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