(Ping! Zine Web Tech Magazine) – Technology giant Cisco further invested into the world of data centers Thursday, announcing plans to buy software provider Cloupia for a price of $125 million.
The acquired company’s solutions are geared towards cloud automation and infrastructure management.
“Cloupia’s infrastructure management software enhances the Cisco Unified Computing System® (UCS) and Nexus® switching portfolio with a single “pane-of-glass” view into the automation of compute, network, storage, virtual machine, and operating system resources,” commented Cisco in a press release.
Cloupia is expected to be moved into the company’s Data Center Group and the transaction is set for finalization during the second quarter of next year.
Earlier this month, Cisco detailed its first period quarterly earnings for this year, noting it had generated $11.9 billion in net sales.