Cisco acquires WiFi data firm ThinkSmart Technologies

Networking kingpin Cisco announced on Wednesday that it had acquired ThinkSmart Technologies, a company that analyzes location data by using WiFi technology. ThinkSmart's tech reviews a network's infrastructure by evaluating the movement of its users, traffic patterns and hours of operation. The firm then uses these analytics to help companies optimize network and staffing configurations for business operations -- a long way of saying that it's smart enough to tell a company how to better manage information flows through a network. The terms of this deal have yet to be released, but Cisco seems to think this was a smart pick up.