Greatresponder.com on Oct. 08, 2012: For strengthening the ongoing efforts of Cisco Systems towards OpenStack cloud hosting environment, it acquired virtual network overlay technology developer vCider Company. This was announced by the management of Cisco System the technological giant in the domain IT infrastructure on Thursday last week. The terms and conditions of this acquisition were not disclosed in the statement.
It was further informed that this acquisition would help Cisco systems to support it cloud computing teams, which are pursuing to development of open sources support to OpenStack Quantum Network Services. As per statement from Cisco Systems, vCider has developed a multi-tenant and distributed virtual network controller, which would be very beneficial for Cisco project to support OpenStack Quantum Network services. The software code as well as the development teams of vCider would be integrated into the Cisco systems teams and platforms.
In his blog post, Mr. Hilton Romanski, vice president, head of corporate business development at Cisco Systems explained about this event and said, “Mergers and acquisitions are a key part of Cisco’s build, buy, and partner innovation framework and supports our strategy of providing best-in-class solutions for our customers. The vCider acquisition is well-aligned to our strategic goals to develop innovative virtualization/cloud technologies, while also cultivating top talent.”
Some analysts take this acquisition in different way and they consider it as the response to the acquisition of Nicira and its technology based on certain software by VMware earlier this year. Nicira technology is a multi-tenant technology that integrates multiple hypervisor software on OpenStack open source cloud hosting platform. Cisco also wants to strengthen its business strategies in this domain of cloud hosting business based on OpenStack cloud platform. Latest version of OpenStack platform called Folsom has been release last week; this includes first core release for OpenStack Quantum Cloud Hosting.
Latest posts by Mark Dallas (see all)
- Most Companies Embrace ‘Cloud First,’ But Getting There’s A Journey - August 27, 2015
- IBM extends Spectrum storage line into the cloud - August 26, 2015
- IDG Contributor Network: Scality picks up cash to software-ize all the storage things - August 26, 2015