Cisco Expands Intercloud Architecture With Metacloud Acquisition

September 22, 2014 Off By David

Grazed from Forbes. Author: Editorial Staff.

Cisco recently announced its intent to acquire private cloud provider Metacloud, in an effort to bolster its global Intercloud platform and architecture. Metacloud provides private cloud solutions to organisations with its OpenStack-as-a-service model, delivering ready-to-use private clouds in clients’ data centers. The deal is expected to close by the end of the ongoing quarter (Q1 FY2015) and upon completion of the acquisition, Metacloud’s employees will join Cisco’s Cloud Infrastructure and Managed Services business division.

Cisco’s Cloud Services architecture is also based on OpenStack open source software and is designed to help customers to easily and securely use data across both private and public clouds. The acquisition is likely to provide a boost to Cisco’s plans to build the world’s largest Intercloud, which is a secure network of globally distributed and remotely managed clouds capable of meeting growing customer needs, especially as part of the Internet of Everything (IoE)…

Read more from the source @ http://www.forbes.com/sites/greatspeculations/2014/09/22/cisco-expands-intercloud-architecture-with-metacloud-acquisition/