Source: Xinhua
04-10-2009 09:58
Special Report: Tech MaxSAN FRANCISCO, April 9 (Xinhua) -- In a move to consolidate its data center business, networking giant Cisco said on Thursday it has agreed to buy privately-held Tidal Software for 105 million U.S. dollars.
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| Pedestrians walks past the headquarters of Cisco Systems Inc. in San Jose, California May 6, 2008.(Xinhua/Reuters File Photo) |
Tidal Software, based in Palo Alto, California and Houston, provides solutions to let companies efficiently manage and automate their applications.
In a statement, Cisco said Tidal Software's intelligent solutions will bolster its data center strategy "by enhancing product and service delivery offerings."
Cisco recently unveiled its Unified Computing System, a next-generation data center architecture which unites compute, network, storage access and virtualization resources in a single cohesive system.
"With the acquisition of Tidal Software, Cisco will accelerate its ability to help customers optimize the performance of their business applications and automate operational best practices in real time, which will lead to significantly reduced operational costs," said Gary Moore, senior vice president of Advanced Services at Cisco.
The acquisition of Tidal Software is expected to close in the fourth quarter of Cisco's fiscal year 2009, which ends in July.
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Editor:Yang Jie
