Captaris Enters $20 Million Pact With Cisco - TheStreet

Captaris

(CAPA)

a communications and mobile business solutions provider, entered a four-year, $20 million original equipment manufacturing agreement with

Cisco Systems

(CSCO) - Get Report

.

Captaris will provide Cisco with a license to use the company's enabling technology, designed to enhance the customer's ability to move from legacy messaging systems to Cisco's open Internet Protocol architecture.

Shares of Captaris closed at $3.41 Tuesday on the

Nasdaq

before the announcement.