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Cisco Blogs / Executive Platform / Cisco Announces Intent to Acquire Working
Group Two 


August 10, 2023 Leave a Comment

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EXECUTIVE PLATFORM


CISCO ANNOUNCES INTENT TO ACQUIRE WORKING GROUP TWO 

2 min read

Masum Mir


UPDATE OCTOBER 24, 2023: WE HAVE COMPLETED THE ACQUISITION OF WORKING GROUP TWO.
WELCOME TO CISCO!

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IoT has come of age. Early adopters have proven its worth as the Internet of
Things has made organizations more efficient, sustainable, and capable of
realizing new business models and revenue streams. The sky is the limit in what
we can do with IoT, as millions to billions to trillions of connected devices
come online making this the single greatest digital business transformation that
most of us will see in our lifetime. And now, more than ever, Communication
Service Providers must scale to support it, which means connectivity must be
simplified for both deployment and management, and the mobile business service
must evolve to become a much more lucrative offering.

To turbo charge our recently announced Mobility Services Platform, Cisco is
announcing its intent to acquire Working Group Two (WG2), a Norwegian company
that pioneered a cloud native mobile services platform that’s fully API
consumable and highly programmable. Built for simplicity, innovation, and
efficiency, WG2’s platform uses the web-scale playbook and operating models,
which makes it a natural fit with our Mobility Services Platform. WG2’s
technology and team beautifully align with the same approach: simplifying the
Mobile network architecture to deliver a radically innovative mobile service.
And with WG2 and the Cisco Mobility Services Platform, we’ll be able to boost
our service edge deployment and API first strategy for application development
partners, Enterprise customers and Service Provider partners.

WG2 and Cisco have a unique synergy. We share a common ambition to deliver a
global, programmable mobile core as a service, and are remarkably aligned to
this shared vision. The goal? To enable our Communication Service Provider
customers to cover ground faster, as we work together to monetize their 5G
investments. The consumption model is simple and comprehensive, supporting all
stakeholders. The end result is a mobility services platform that can
dramatically simplify Mobile network deployments, provide enhanced edge
experiences, enable new and advanced use cases, as well as support simple
application development.

WG2’s expertise in the mobile space brings capabilities crucial to the
enterprise market including complete authentication, provisioning, voice,
messaging, and data services, all of which will be rolled into our existing
Control Center offers. Together, our Mobility Services Platform, and the Cisco
Networking Cloud, Assurance, Security, and Collaboration portfolios, deliver
remarkable value to our Service Provider partners and address business critical
use cases for our enterprise customers.

We can’t wait to welcome the WG2 team to Cisco and work with them to deliver the
most advanced mobile IoT use-cases at scale. WG2 will join my Provider Mobility
organization within Cisco Networking. The acquisition is expected to close
during the first quarter of Cisco’s FY24.

 

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AUTHORS


MASUM MIR

SENIOR VICE PRESIDENT AND GENERAL MANAGER

CISCO NETWORKING: PROVIDER MOBILITY


Tags: Cisco Mobility Services Platform Internet of Things (IoT) Mergers and
Acquisitions (M&A) Provider Mobility WG2

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