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Cisco Buying Cell Radio Station Firm for $310M; Kelly Ahuja Comments

Cisco-LogoCisco is acquiring mobile communications firm Ubiquisys Ltd. for $310 million as part of a strategy to expand its mobility services portfolio.

Ubiquisys, a U.K.-based privately held company, offers small-cell radio stations that aim to transmit data within a small area to improve cellular service, Dow Jones Newswires reports.

Kelly Ahuja, Cisco mobility business group general manager, said the company intends to increase its small-cell business to maintain its momentum and growth in the mobility market, Dow Jones reports.

Cisco expects to close the deal in August and will integrate Ubiquisys employees into its service provider mobility group.

Ubiquisys’ picocells and femtocells transmitters aim to help carriers direct traffic from congested towers to targeted areas in an office, as well as in residential or public spaces, the report said.

According to Dow Jones, the company launched 2005 with support from investment firms such as 5CCG/Sallfort Privatbank AG, Accel Partners, Advent Venture Partners, Atlas Venture and Yasuda.

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Written by Ross Wilkers

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