Mergers and Acquisitions - Cisco goes for technology acquisition with Whiptail purchase
Cisco Systems is just the newest company to make a expertise Mergers acquisitions that involves blink recollection chips. According to AllThingsD, Cisco broadcast that it will come by Whiptail, a manufacturer of solid-state virtual-memory schemes.
The transaction is allegedly worth $415 million and is anticipated to be completed by the end of the first quarter of fiscal year 2014.
A Cisco press issue explained that Whiptail's recollection systems endow associations to "simplify facts and figures center and virtualized environments and method more facts and figures in less time." The move is expected to reinforce Cisco's Unified Computing System™ (UCS) scheme. Additionally, the acquired expertise will help Cisco evolve its UCS architecture by integrating data acceleration capabilities into the compute level.
Paul Perez, vice president and general supervisor of Cisco Computing schemes Product assembly, said in the press issue that his company is concentrated on supplying a converged infrastructure "that will help address our customers' obligations for next-generation computing environments."
"As we extend to innovate our unified stage, Whiptail will help recognize our dream of scalable persistent recollection which is integrated into the server, accessible as a fabric asset and managed as a globally distributed pool," he said.
AllThingsD contrasted Whiptail's flash technology to Fusion-io, which provision businesses like Facebook and Apple to increase their servers' presentation.
As the Wall road Journal pointed out in a latest item, this is not the first Mergers and Acquisitions undertaking by Cisco. The business has been making smaller expertise acquisitions to try to develop into a less hardware-intensive data technology provider.
Technology Mergers and acquisitions can often advantage both businesses involved in a transaction. The buying firm and the one being acquired can both find opportunities to augment while assisting one another out.
The transaction is allegedly worth $415 million and is anticipated to be completed by the end of the first quarter of fiscal year 2014.
A Cisco press issue explained that Whiptail's recollection systems endow associations to "simplify facts and figures center and virtualized environments and method more facts and figures in less time." The move is expected to reinforce Cisco's Unified Computing System™ (UCS) scheme. Additionally, the acquired expertise will help Cisco evolve its UCS architecture by integrating data acceleration capabilities into the compute level.
Paul Perez, vice president and general supervisor of Cisco Computing schemes Product assembly, said in the press issue that his company is concentrated on supplying a converged infrastructure "that will help address our customers' obligations for next-generation computing environments."
"As we extend to innovate our unified stage, Whiptail will help recognize our dream of scalable persistent recollection which is integrated into the server, accessible as a fabric asset and managed as a globally distributed pool," he said.
AllThingsD contrasted Whiptail's flash technology to Fusion-io, which provision businesses like Facebook and Apple to increase their servers' presentation.
As the Wall road Journal pointed out in a latest item, this is not the first Mergers and Acquisitions undertaking by Cisco. The business has been making smaller expertise acquisitions to try to develop into a less hardware-intensive data technology provider.
Technology Mergers and acquisitions can often advantage both businesses involved in a transaction. The buying firm and the one being acquired can both find opportunities to augment while assisting one another out.