Cisco buys mobile core-as-a-service specialist WG2

US networking giant is augmenting its mobile core offering with the acquisition of Norwegian outfit Working Group Two.
To be precise, Cisco already had a piece of WG2 and is buying out the other main investor – Telenor – at an enterprise value of $150 million. As it’s name implies, WG2 started as a development project within Telenor before it was spun out with the help of Digital Alpha, a fund that seems to represent Cisco’s interest in the venture. Before this deal, Tele