Cisco Announces Intent To Acquire Working Group Two
Cisco News, Thursday, August 10,2023
IoT has come of age. Early adopters have proven its worth as the Internet of Things has made organizations more efficient, sustainable, and capable of realizing new business models and revenue streams. The sky is the limit in what we can do with IoT, as millions to billions to trillions of connected devices come online making this the single greatest digital business transformation that most of us will see in our lifetime.
And now, more than ever, Communication Service Providers must scale to support it, which means connectivity must be simplified for both deployment and management, and the mobile business service must evolve to become a much more lucrative offering.
To turbo charge our recently announced Mobility Services Platform, Cisco is announcing its intent to acquire Working Group Two (WG2), a Norwegian company that pioneered a cloud native mobile services platform that's fully API consumable and highly programmable. Built for simplicity, innovation, and efficiency, WG2's platform uses the web-scale playbook and operating models, which makes it a natural fit with our Mobility Services Platform.