04 Aug '11, 5pm

Is Cisco Backing Out of Building Management?

Is Cisco Backing Out of Building Management?

where are the joneses on Creative Commons Cisco was one of the first large computer companies to jump into the market for technology for managing commercial buildings. And it could become one of the first to get out. The networking giant -- currently in the midst of a painful reorganization that will entail eliminating 6,500 jobs -- is now weighing the future of Cisco Mediator, a system for monitoring and managing heating/air conditioning systems and other appliances in commercial buildings, according to sources. Mediator was based on software from Richards-Zeta Building Intelligence, which Cisco acquired in 2009. Ed Richards , the former director of worldwide business development at Cisco and one of the founders of Richards-Zeta, recently left the company. Cisco declined to comment on any future plans for Mediator but confirmed that Richards -- a widely respected research...

Full article: http://www.greentechmedia.com/articles/read/is-cisco-back...

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