Networking firm Cisco has revealed a plan to acquire US based privately owned Truviso which provides scalable, real-time network data analysis and reporting software for undisclosed sum.

Cisco said with the acquisition of Truviso, the company will provide instant access and visibility into network use and services to help increase operational efficiencies and drive new revenue streams for customers.

The California-based real-time network analytics company builds scalable reporting software for networks, allowing administrators to visually determine network health and status.

Truviso’s software analytics further strengthens Cisco’s network management platform, Cisco Prime, with the core technology to gather and analyse streaming data.

Cisco, which will acquire the technology and its team, said the deal could close in Q4 2012, ending in July.

Cisco Network Management Technology Group vice president and general manager Jamie Lerner said customers want to be able to tap into and analyse the enormous volume of data traversing their networks to identify ways to enhance services and generate new revenue opportunities.

"Embedding Truviso’s real time business intelligence into the network will help customers unlock these capabilities at the speed of the network," said Lerner.