Cisco and Intelligent Traffic System (ITS) provider Iteris have partnered, on a project with the City of Las Vegas, to deploy a traffic optimization system. As Cisco expands into the automotive world, we wonder whether buying a provider such as Iteris would make sense, especially as it would be pocket-change for the networking titan. The deal itself will see Iteris’ Vantage Next video detection platform with Cisco’s Kinetic IoT platform, which has a number of skews depending on the desired application – such as manufacturing, oil and gas, retail, cities, and transportation. Kinetic has three main components; the Gateway Management Module (GMM), the Edge and Fog Processing Module (EFM), and the Data Control Module (DCM). Collectively, they gather and move…