Inside the Briefcase

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Cisco completes NewScale acquisition

April 18, 2011 No Comments

Cisco has finalised its purchase of enterprise IT and cloud management software company NewScale.  The deal, announced on 29 March, will allow Cisco to offer customers the option of building, provisioning and expanding their own private cloud infrastructure on an on-demand basis. Cisco did not reveal terms of the purchase.

“Cisco’s cloud strategy is to harness the network as a platform for building and using clouds and cloud services. NewScale complements and expands existing Cisco and partner software offerings in IT and cloud management and automation,” Cisco said in a statement on Friday.

The company said it will continue to offer all of NewScale’s products and services, and that existing customer contracts will be fulfilled. The NewScale sales and services team will be joining Cisco as part of the acquisition.

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