The two sides didn’t disclose the financial details of the transaction.
However, IT industry experts pegged the investment amount at $1-$2
million. The company’s news release added that nuPSYS
is looking to bring the total investment this round to $5-$6 million after attracting
nuPSYS develops innovative software that simplifies the process of network
management and automation for large corporate networks consisting of thousands
or tens of thousands of units or devices. Among other solutions, nuPSYS allows for network management, design, monitoring, analytics, troubleshooting, and
optimizations. The company is credited for developing a one-of-a-kind approach to visualizing corporate networks
through the use of video hardware rendering technology.