Source: Rethink Wireless
Only a few weeks ago at the 4G World event in Chicago, Cisco was dismissing core networking specialist Starent as an unproven player "we hardly even notice". Apparently the IP giant's attention has sharpened in the meantime, since it has now paid a respectable $2.9bn to acquire the firm, solidifying an already powerful position in the mobile IP core. Starent should bring Cisco a strengthened presence in the US carriers and LTE, having gained a high profile deal for Verizon Wireless' 4G core, and the deal may also have been motivated by the need to outsmart Juniper, itself rumored to be adding Starent to Nokia Siemens in its anti-Cisco alliance.
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