Networking major Cisco has acquired the advanced analytics team and the asociated advanced analytics intellectual property developed by city-based technology services firm Saggezza for an "undisclosed sum".

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The acquisition is aligned to Cisco's strategic goals to develop innovative big data analytics and cloud technologies, a company statement said.

The acquisition brings expertise in analytics, cloud and secure platform development.

The advanced analytics team is a select group of platform analytics experts within Saggezza. It has been responsible for developing technology that powers Saggezza's internal analytics platform among others, the release added.

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)