Cisco Announces Agreement to Acquire P-Cube

Cisco Systems today announced a definitive agreement to acquire privately held P-Cube, Inc. of Sunnyvale, Calif. P-Cube is a leading developer of IP service control platforms, which can help service providers identify subscribers, classify applications, improve service performance and charge for multiple IP services without costly infrastructure upgrades.

Federal ERP Spending to Grow by 37%

Driven by system consolidation at the Department of Homeland Security and Administration management mandates, the federal market for Enterprise Resource Planning (ERP) products and services will hit $7.7 billion in FY2009, a 37 percent increase over FY2004 spending of $5.6 billion, according to a report released today by INPUT, the leading provider of government market intelligence.