Ink Dry on C-COR.net-Stargus Deal

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C-COR.net Corp.’s previously announced agreement to purchase Stargus Inc. for some $17 million in cash is now final.

C-COR.net said it expects the closing to occur during its first quarter of fiscal-year 2005.

Stargus provides network optimization, subscriber-usage reporting and capacity planning for cable MSOs.

C-COR plans to integrate the Stargus operation into its broadband-management-solutions division, and it expects the deal to add $8 million in revenue next year.

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