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Cisco Wraps Up $175M Purchase of Networking Tech Firm Tail-f Systems


Cisco w-BorderCisco (NASDAQ: CSCO) has finalized its acquisition of physical and virtual network systems provider Tail-f Systems for $175 million cash plus employee retention incentives.

Tail-f staff members will join Cisco’s cloud and virtualization business and will be led by group vice president and general manager Gee Rittenhouse, Cisco said Wednesday.

Stockholm-based Tail-f develops network orchestration products for information technology professionals and service providers to implement applications across multiple networking platforms.

The companies intend to combine their technology offerings with the goal of helping enterprise network operators handle multi-vendor environments as well as solve virtualization and programmability issues.

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