Cisco acquires Jasper Technologies for $1.4 billion in order to complete its IoT offering.
Cisco
Cisco and the Internet of Things
Cisco is in the middle of a large pivot from a network hardware company to a SaaS IoT company.
Cisco’s IoT transition
Cisco is a tech business primarily known for its networking equipment. Cisco is attempting to reinvent itself as an IoT, cloud and security services vendor.