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Cisco Buys Cloud Automation And Management Software Company newScale

March 29th, 2011 03:14 admin Leave a comment Go to comments

Cisco this morning announced its intent to acquire newScale, a global provider of self-service and lifecycle management software for enterprise IT and private/hybrid cloud computing.

Terms of the deal were not disclosed, but newScale is a company that’s raised tens of millions of dollars in funding from a wide range of investors, according to CrunchBase.

Based in San Mateo, California, newScale develops products and solutions that enable companies to select and deploy cloud services within their businesses, allowing them to initiate the provisioning of their own systems and infrastructure on an as-needed basis.

Cisco says newScale will complement and expand its existing IT and cloud management and automation software offerings. Upon the close of the acquisition, the newScale team will fall within Cisco’s Advanced Services organization.

The acquisition is expected to close in the second half of Cisco’s fiscal year 2011, subject to customary closing conditions.

Source: Cisco Buys Cloud Automation And Management Software Company newScale

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  • http://pulse.yahoo.com/_G35HKS2NFN4FFASDBROWRIPMO4 Clarence Fio

    Great write-up! Its informative and interesting to read.You certainly have done a great effort placing these inputs about automation and management software in position. These information and facts are sure of terrific help.Lead Management Software


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