Cisco is all set to buy Skyport Systems, a privately-held company providing cloud-managed, hyper-converged systems that run and protect business-critical applications. The terms and purchase price of the acquisition are confidential.
In a statement, the Cisco claimed that this acquisition will enable it to utilise Skyport’s intellectual property, seasoned software and network expertise to accelerate priority areas across multiple Cisco portfolios.
Cisco also had invested in Skyport, when the company successfully raised USD 30 million along with Google and other investors. Now as part of Cisco the Skyport Systems team will join the Data Center – Computing Systems Product Group that will be led by Senior Vice President and General Manager Liz Centoni and the Service Provider – Networking Group led by Senior Vice President and General Manager Jonathan Davidson.
