Sign up to The Irish Times Archive (1859 - 2008)My Account »
Sat 05 May 2010Openet discounts reports of acquisition bid from Cisco
TELECOMS SOFTWARE firm Openet has refuted media reports suggesting that networking giant Cisco is considering launching a bid for the Irish company.
“What we can confirm is that Cisco is one of a number of strategic partners for our business,” said Openet chief executive Niall Norton. “However, Openet is not currently involved in acquisition discussions; rather, our top priority is to focus on the growth of our business and our leadership in this market.”
Choose a Subscription type - required
