Monday, 29 January 2018

Cisco To Acquire Skyport Systems In Hybrid Cloud Play

Cisco has announced plans to acquire a new hyperconverged infrastructure, Skyport Systems, to strengthen its position in the hybrid cloud.

Founded in 2013, Skyport Systems offers what it considers to be the industry's first "intrinsically secure" and hyperconverged platform, designed to simplify IT infrastructure through convergent computing, virtualization, networking and on-board storage. only one platform.

The company suggests that its managed on-premise cloud solution gives technology companies more control and flexibility, while saving time and resources through optimized, automated operations.

Skyport Systems states, among other things, that its technology enables companies to offer advanced cloud-based hybrid services to enable leading IT groups to increase the security of deployments.

The news of the proposed acquisition is not surprising, given Cisco's previous interest in the company; participated in a $ 30 million fundraising effort, in collaboration with Google Ventures in 2016, to help accelerate delivery of the company's IT infrastructure offering to businesses.

According to Cisco Investments Development Director Rob Salvagno, the acquisition will allow Skyport Systems and its team to join existing Cisco operations.

"I'm happy to share this today." Cisco has announced its intention to acquire Skyport Systems, a privately held company that offers cloud-based, hyperconverged systems that run and protect mission-critical applications, "said Salvagno.

"This acquisition will allow Cisco to use Skyport's intellectual property, experienced software and network expertise to accelerate priority areas across multiple Cisco portfolios.

Skyport Systems Team to Join Data Center - IT Products Group, led by Vice President and General Manager Liz Centoni, and Service Provider - Networking Group led by Jonathan Davidson, Vice President and General Manager , "he says. .

The terms and the purchase price of the acquisition have not been disclosed.

The proposed deal comes almost two months after Cisco announced plans to acquire Indian-based cloud provider Cmpute.io as part of a larger initiative to strengthen its cloud offering.

In October of last year, Cisco revealed its continued efforts to move away from traditional markets through BroadSoft's acquisition plans, while the tech giant is trying to reinvent itself as a software provider and cloud.

It is expected to close in the first quarter of calendar year 2018, with the purchase of US $ 1.9 billion being based on six previous acquisitions in 2017, including App Intelligence's App Intelligence specialists in January.


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