Search Results for: cisco

Cisco Acquires Metacloud for Hybrid Cloud Push

Cisco has bought hosted cloud technology provider Metacloud in a move aimed at accelerating the development of Cisco’s intercloud service. Metacloud works with enterprise customers to help them implement and operate data center infrastructure in the cloud through the company’s OpenStack-based software-as-a-service platform, Cisco said Monday. Employees of Metacloud will …

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

Cisco (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. …

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Hilton Romanski: Cisco Acquires Assemblage

Cisco (NASDAQ: CSCO) has moved to expand its presence in the mobility and cloud computing markets by acquiring collaboration tools provider Assemblage for an undisclosed amount. Hilton Romanski, senior vice president for business development at Cisco, said Friday that Assemblage’s team of web development engineers will join Cisco’s collaboration technology group. Romanski wrote …

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Cisco Acquires Tail-f Systems for $175M

Cisco announced Tuesday their intention to acquire privately held Tail-f Systems for $175 million, a plan set in motion by AT&T to reshape and virtualize telecommunications networks in the cloud. Cisco aims to incorporate Tail-f into its cloud and virtualization group to increase marketability in telecom infrastructure, the company said …

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Hilton Romanski: Cisco Seeks to Grow Network Virtualization Work Through Tail-f Systems Buy

Cisco (NASDAQ: CSCO) has agreed to acquire network automation software developer Tail-f Systems for $175 million cash as Cisco aims to grow its virtualization technology portfolio for multi-vendor environments. The transaction is subject to customary regulatory approvals and is slated to close in the fourth quarter of Cisco’s 2014 fiscal …

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Robbert Kuppens, Former Cisco CIO, Named Boston Consulting Group Global CIO

Robbert Kuppens, a 25-year business and IT management veteran and partner in The Boston Consulting Group‘s office in Amsterdam since January, has been appointed the company’s global chief information officer. He is expected to lead BCG’s global IT function as his predecessor Tom Dionisio retires following 15 years as CIO, the company said Monday. …

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Cisco, Finmeccanica Form Defense and Civil Market Alliance

Cisco (NASDAQ: CSCO) and Finmeccanica have agreed to combine both companies’ technology offerings for the defense and civil customers in an effort to pursue business opportunities in the systems integration market worldwide. Finmeccanica’s industry services will be integrated with Cisco’s information technology, networking and communications technologies in order to jointly develop …

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Cisco Buys Data Center App Maker Insieme Networks

Cisco (NASDAQ: CSCO) has purchased San Jose, Calif.-based data center application developer Insieme Networks for an undisclosed amount. The company introduced an application-centric infrastructure services portfolio in November for partners to deploy data center networking services that work with customer applications, Cisco said Tuesday. At the same time, Cisco said it would …

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Cisco Completes $2.7B Acquisition of Sourcefire

Cisco (NASDAQ: CSCO) has completed the acquisition of security software firm Sourcefire for approximately $2.7 billion, or $76 per share in cash. The acquisition is intended to grow Cisco’s advanced threat protection portfolio and provide customers with integrated, pervasive and open enforcement and remediation options, Cisco announced Monday. Sourcefire employees will join the Cisco …

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Cisco to Buy Security Software Firm Sourcefire for $2.7B; Christopher Young Comments

Cisco (NASDAQ: CSCO) has agreed to acquire security software maker Sourcefire for $2.7 billion in a bid to build up its research and technology portfolio in threat protection. Both boards of directors have approved the terms of the deal, under which Cisco will buy Sourcefire shares in cash at $76 …

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