The FINANCIAL — Cisco on September 20 announced it has completed its acquisition of privately held Arch Rock Corporation, a pioneer in Internet Protocol-based wireless network technology for smart-grid applications.
Based in San Francisco, Arch Rock will accelerate Cisco's ability to facilitate the utility industry's transition to an open and interoperable smart grid by enabling Cisco to offer a comprehensive and highly secure advanced metering infrastructure solution that is fully IP and open-standards based.
Arch Rock brings to Cisco a proven team that has been a leader in the research and development of wireless networking for smart-grid applications. With the close of the acquisition, the Arch Rock team becomes part of Cisco's industry-leading Smart Grid business unit.
