San Jose, Calif. -- Cisco, the San Jose-based network equipment giant, said on Thursday that it will acquire San Jose-based Orative for $31 million in cash. Orative makes an application that will allow Cisco to extend its Unified Communications portfolio -- which allows businesses to integrate their communications systems with their IT infrastructure -- to mobile devices such as cell phones and smartphones. Orative was founded in 2002 and has 33 employees. Once the deal closes, the company will be integrated into Cisco's Voice Technology Group.
http://newsroom.cisco.com/dlls/2006/corp_102506.html
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