Grant Gross
Senior Writer

Cisco to buy network memory vendor Nemo Systems

news
Sep 30, 20051 min

Nemo technology will enable Cisco customers to scale network systems and line card bandwidth

Cisco Systems has signed an agreement to acquire Nemo Systems, a network memory vendor, for $12.5 million in cash, Cisco announced Friday.

Nemo Systems, based in Los Altos, California, offers “cutting-edge” technology that will be incorporated into Cisco products, according to a Cisco press release. Nemo’s technology will allow Cisco customers to scale network systems and line card bandwidth while reducing the cost of networking systems, according to Cisco.

The acquisition is subject to some closing conditions, including regulatory approvals. Cisco expects the deal to close by late October. Nemo would become part of Cisco’s Data Center, Switching and Security Technology Group, reporting to vice president and general manager Tom Edsall.

Grant Gross

Grant Gross, a senior writer at CIO, is a long-time IT journalist who has focused on AI, enterprise technology, and tech policy. He previously served as Washington, D.C., correspondent and later senior editor at IDG News Service. Earlier in his career, he was managing editor at Linux.com and news editor at tech careers site Techies.com. As a tech policy expert, he has appeared on C-SPAN and the giant NTN24 Spanish-language cable news network. In the distant past, he worked as a reporter and editor at newspapers in Minnesota and the Dakotas. A finalist for Best Range of Work by a Single Author for both the Eddie Awards and the Neal Awards, Grant was recently recognized with an ASBPE Regional Silver award for his article “Agentic AI: Decisive, operational AI arrives in business.”

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