Cisco Acquires Amteva, Pairs With Ariba In E-Commerce Pact
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Cisco Systems Inc. Wednesday purchased Amteva Technologies Inc., a developer of unified messaging software that enables e-mail, voice mail and fax messages to be sent over an Internet Protocol-based network.
Cisco will pay about $170 million in cash and stock for Amteva and expects to take a one-time charge of 2 to 7 cents a share in the fourth-quarter to fund the purchase.
Cisco will use Amteva's technology to provide basic and advanced voice services over a standards-based network. The purchase is part of Cisco's drive to develop applications that send data, voice and video over a single network.
Cisco said service providers will be able to enhance their offerings to include voice mail over the Internet, unified messaging and personal agent services such as automatic forwarding, pager alerts and the ability to be receive a variety of communications using a single phone number.
Ariba's operating resource management unit will work with Cisco to aid businesses increase competitiveness through the transformation of paper-based and repetitive operations into online processes. Ariba said the initiative will allow enterprises to gain productivity and save on costs.
Ariba becomes Cisco's chosen provider of applications for online procurement and a strategic Internet business applications provider. In addition, Ariba has tapped Cisco as its strategic networking supplier.
Ariba's network commerce solutions include enterprise-class Ariba operating resource management system, which automates internal business processes combined with the standards-based Ariba.com Network, linking buyers to suppliers.
Ariba and Cisco will target key vertical markets, align sales and marketing efforts, and integrate key technologies.
"Cisco is very enthusiastic about the opportunity to work closely with Ariba to provide high performance, enterprise-class work force solutions that can help our joint clients realize the business benefits of using the Internet for strategic advantage," said Sue Bostrom, Cisco's vice president of the Internet business solutions.
"Working with Cisco delivers best-in-class networking technologies and provides the ability to make Ariba's e-commerce solutions even more network aware," said Dave Rome, Ariba's vice president of marketing.