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Personeta Receives Cisco Funding for FMC

Personeta, a start-up developing of converged service creation and application solutions for communications service providers, announced an equity investment from Cisco. The company said it plans to use the funding to further its development of solutions and components based on its TappS NSC product for next- generation, converged service delivery — particularly in the areas of fixed- mobile convergence (FMC) and multimedia solutions. Financial terms were not disclosed.

http://www.personeta.com/

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