Nick Farrell: Cisco buys the stairway to internet-of-things heaven

In a bid to get into the internet based cars and medical devices market, Cisco has written a $1.4 billion cheque to buy a start-up called Jasper.

Jasper makes a software platform that helps monitor these devices once they are online.

Rob Salvagno, Cisco’s vice president of corporate development, said that the Internet of Things has been a priority for Cisco for the past few years

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