Cisco has acquired the IoT services platform provider Jasper for $1.4 billion reportsTechcrunch. Post acquisition, Jasper will continue to operate as usual, while its founder & CEO Jahangir Mohammad, will lead Cisco’s newly formed IoT software business unit under Rowan Trollope, IoT and collaboration SVP/GM. The deal is expected to close later this year and is subject to regulatory approval. Jasper provides an IoT services platform and a ‘Control Centre’ software to manage these services.