Cisco Systems to acquire Silicon Valley based Jasper Technologies Inc

Q.  Cisco Systems has announced that it will buy which IOT startup?
- Published on 08 Feb 16

a. Jasper Technologies Inc
b. Altizon Systems
c. Toy mail
d. Owlet

ANSWER: Jasper Technologies Inc
 
Cisco Systems has announced that it will intend to acquire Silicon Valley based IOT startup Jasper Technologies Inc for USD 1.4 billion. Jasper offers technology to manage connected objects through cellular network with a cloud based software program, and it was valued at USD 1.4 billion in a recent venture funding round. Additionally, Jasper makes a software platform that helps for monitoring device once they are online. Cisco sees Jasper as a unique Internet of Things service platform which has over 3500 enterprise customers and 27 service providers across 100 nations.

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