Cisco plans to acquire privately held San Jose, Calif.-based CoreOptics, a maker of optical networking technology designed to help carriers handle an expected surge in IP traffic driven partly by the adoption of cloud computing.
CoreOptics' digital signal-processing technology is intended to help service providers scale their IP networks while keeping costs down by making transmission more efficient, Cisco said in an announcement Thursday.
The company said its research shows IP traffic will increase fivefold between 2008 and 2013, with a 40 percent compound annual growth rate, due largely to the growth in cloud computing, video, and mobile applications.
CoreOptics' engineering expertise is focused on the design of digital application-specific integrated circuits and modulation formats, as well as optical systems, applications and network architecture.
Read more of "Cisco buys CoreOptics to help scale fiber networks" at ZDNet UK.