Cisco announced its intent to acquire July Systems, a startup that uses wifi to gather insights about visitor behavior in physical spaces like malls, stadiums and airports. Cisco, which already partnered with July Systems, plans to scale the startup’s technology and apply it to new physical spaces such as hospitals and government buildings. It’s unclear how much Cisco will pay for July Systems. But the Sequoia and Intel Capital-backed start up was last valued at $45 million in a 2012 funding round. …read more
Source:: Yahoo Finance
