Cloud Computing: Cisco Buys Networking Software Maker for $175M
June 17, 2014
Grazed from CIOToday. Author: Jennifer LeClaire.
Cisco Relevant Products/Services let the world know it plans to acquire a multi-vendor networking software Relevant Products/Services maker that targets both traditional and virtualized networks. The tech titan is grabbing Sweden-based Tail-f Systems for about $175 million.
Tail-f’s products aim to help service providers and enterprise Relevant Products/Services IT implement applications, network Relevant Products/Services services and solutions across networking devices cost-effectively. The foreign firm’s tech also promises to reduce the time-to-market for network equipment vendors building equipment for agile, software-programmable networks…
Hilton Romanski, senior vice president for Cisco Corporate Development, pointed to one driver for the acquisition: a rapidly increasing number of people, devices, and sensors connecting across the Internet of Everything. That rapid increase, in turn, demands service providers adopt new solutions to deliver value-added, cloud Relevant Products/Services-based services and applications…
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