This week, network equipment giants Cisco Systems Inc. have announced their intention to acquire design consulting firm MOTO Development Group.
Cisco is the worldwide leader in networking equipment that transforms how people connect, communicate and collaborate. This year celebrates 25 years of their technology innovation, operational excellence and corporate social responsibility.
MOTO Development Group, is a privately held design consulting firm that is based in San Francisco. Founded in 1991 it has been instrumental in the development of innovative product lines such as the Flip Video, Valet and Linksy.
MOTO's talent base should complement Cisco's and enable Cisco to rapidly enhance its consumer product development road map or at least that is the idea! The acquisition of MOTO is another step toward embedding consumer design and ease of use into Cisco products for the consumer market.
The acquisition is subject to various standard closing conditions and is expected to be complete in the fourth quarter of Cisco's fiscal year 2010.
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