Cisco courts Parallels and “desktop virtualisation” in the cloud
Parallels is a global firm reputed in offering cloud service enablement, hosting and desktop visualisation. The company was founded in 1999 and currently boasts of over 900 employees spanning across the globe- North America, Asia and Europe.
To capitalise on Parallels' success story, Cisco, the global networking giant, of recent has made an equity investment of $11 million to the desktop virtualisation firm. The investment was done through Almaz Capital Partners.
According to Hilton Romanski,...