Cisco Snatches Fluidmesh for On-the-Move IoT Backhaul

Cisco today announced plans to acquire Fluidmesh Networks, a wireless backhaul vendor specializing in high speed and widely distributed environments, including mass transit, industrial IoT, ports, mines, and factories. The terms of the deal were not disclosed, but Cisco said it expects the acquisition to close before the end of the year, bolstering its IoT business. “Cisco’s backhaul solutions generally focus more on the routing aspect of transport. Acquiring Fluidmesh gives it a more robust backhaul offering which its enterprise customers, particularly those interested in deploying private wireless networks, are looking for,” said Patrick Filkins, senior research analyst at IDC.