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Cisco Systems Israel has signed a multi-million dollar contract to provide HOT Telecom with its next generation core router, the CRS-1.
The deal will support HOT Telecom in upgrading its core telephony, data and video network applications to scale network capacity to new levels and deliver next-generation data, voice and video services over a converged "Triple Play" Internet Protocol network.
Networking giant Cisco touts its CRS-1 as the world's largest and fastest router, which offers a system capacity of 92 terabits per second and enables large carriers to deliver higher volumes of Internet traffic.
Since the launch of CRS-1 in 2004, global cable operators such as Swisscom and Comcast have been actively migrating to Cisco-based converged IP network infrastructures. HOT is the first Israeli provider to integrate the CRS-1 system, which was developed at Cisco's R&D center in Netanya.
The deal was announced at Cisco's annual Expo for Israeli clients in Tel Aviv this week, where Chris Dedicoat, senior vice president Cisco European Markets, reiterated Cisco's continued strategy of aggressively pursuing Israeli technology. Since 1998, Cisco has acquired nine Israeli start-ups for about $1 billion.
"Israel continues to play a key role in building our technological capabilities in a competitive market. Acquisitions have been and continue to be a key component for accomplishing the company's vision of true convergence incorporating voice, video and data within one device," said Dedicoat.
He added that Cisco would not normally talk about future acquisitions, but he confirmed Cisco's continued active commitment to seeking more acquisitions. "Expect to see more acquisitions coming as we complete the development of our vision of the intelligent information network," he said.
During his visit to Israel, Dedicoat and Bina Razinovsky, Cisco's Israel manager, met with acting Prime Minister Ehud Olmert to discuss the role of education and technology in Israel.
"I am very proud of the business and educational programs we are sponsoring in Israel. I would really like to see more education centers in the future," he said.