KT, Cisco jump into global market for ‘smart spaces’
TechnologyNov 8, 2011
KT Corp. said Tuesday it would enter the global smart space market by establishing a new joint venture called the KC Smart Service together with Cisco Systems in next January. The new firm, which will take off with $30 million in initial funding, will merge KT’s telecommunications infrastructure and software solutions with Cisco’s information technology equipment and solutions, according to KT o...