Cisco has acquired ThinkSmart Technologies, a software developer specializing in location data analysis using Wi-Fi. Financial terms were not disclosed.
ThinkSmart’s location analytics collects information on movement within a venue including time of day, traffic patterns and dwell times. The company, which is based in Cork, Ireland, was formed at the Incubation Centre of University College Cork. The company becomes part of Cisco’s Wireless Networking Group.
Cisco said the acquisition reinforces its commitment to deliver an intelligent network by providing customers with enhanced tools, such as location analytics, that increase the value of the network.
