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Cisco Acquires ThinkSmart Technologies

[Techtaffy Newsdesk]

Cisco has acquired ThinkSmart Technologies, headquartered in Cork, Ireland. ThinkSmart Technologies is a software company that delivers location data analysis using Wi-Fi technology.

ThinkSmart’s location analytics collects information on movement within a venue including time of day, traffic patterns and dwell times. This information can help enterprises and venue operators improve customer experience by identifying appropriate staffing levels, reducing wait times, optimizing business processes, and improving customer flows, says Cisco.

ThinkSmart, initially formed at the Incubation Centre of University College Cork, joins Cisco’s Wireless Networking Group. The acquisition closed in the first quarter of Cisco’s fiscal year 2013.

The size of the deal was not shared.

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