Cisco Takes 'Strategic' Stake In Home Networking Firm
Financial details are being withheld, but Cisco execs say their primary interest is in Zensys' Z-Wave wireless home control technology.
MUNICH Cisco has made a 'strategic investment' in home control specialist Zensys. The network giant's interest is directed towards Zensys' Z-Wave wireless home control technology.
Zensys refused to be specific on the total amount of Cisco's investment.
For Cisco’s Linksys division, the interoperability, reliability and low costs of Z-Wave were decisive factors for the investment, said Malachy Moynihan, Vice President Engineering and Marketing for Linksys. Z-Wave competes in the wireless home control market with Zigbee.
"We expect the digital home control market will be our next big chance. The co-operation with Zensys will give us the flexibility to expand our home control technology product range for our customers," Moynihan said.
Zensys intends to use a part of the Cisco investment to accelerate the integration of the Z-Wave technology into Linksys' product line-up.
Zensys is the developer of the Z-Wave technology and dominant force in the Z-Wave alliance which now boasts 125 members, among them Danish home automation vendor Danfoss and Swiss computer peripherals vendor Logitech.
IT's Reputation: What the Data SaysInformationWeek's IT Perception Survey seeks to quantify how IT thinks it's doing versus how the business really views IT's performance in delivering services - and, more important, powering innovation. Our results suggest IT leaders should worry less about whether they're getting enough resources and more about the relationships they have with business unit peers.
What The Business Really Thinks Of IT: 3 Hard TruthsThey say perception is reality. If so, many in-house IT departments have reason to worry. InformationWeek's IT Perception Survey seeks to quantify how IT thinks it's doing versus how the business views IT's performance in delivering services - and, more important, powering innovation. The news isn't great.
InformationWeek Must Reads Oct. 21, 2014InformationWeek's new Must Reads is a compendium of our best recent coverage of digital strategy. Learn why you should learn to embrace DevOps, how to avoid roadblocks for digital projects, what the five steps to API management are, and more.