Investing Internet Technology Windows Internet Tech. All year, Cisco has been ravenously pursuing companies that it thinks will help it extend its vision of a single, IP-based communications network.
Cisco is no stranger to the two companies.
It already holds a minority 20.5 percent interest in Vovida Networks and owns 17.2 percent of IPCell Technologies. Cisco said it would account for the acquisitions as a purchase and anticipates closing the transaction in the second quarter of its fiscal 2001. Both acquisitions have been approved by the boards of each company. Vovida, which was founded in 1999 and has a staff of 65 employees, is a communications software provider and supplier of networking protocols. IPCell was founded in 1997 and has a staff of 110 employees.