Cisco to acquire to help companies ease multi-cloud deployments

Cisco has announced its intention to acquire to help organisations get the most out of their multi-cloud deployments.

The acquisition, which is expected to close in the second quarter of Cisco’s 2018 fiscal year, was announced on Cisco’s blog, with Rob Salvagno, head of Cisco’s M&A and venture investment team, writing that the addition of’s technology will “help customers optimise their cloud consumption to ensure optimal business value.”

Longer-term industry watchers may remember in its previous life as The company offers four paths to cloudy application optimisation; instance right sizing, putting instance types with the right application based on performance; cost and time saving; as well as availability, automatically balancing application workloads across instance categories.

This is by no means the first cloud-based buy made by Cisco this year. 2017 has seen the acquisition of SD-WAN provider Viptela, for $610 million back in May, while October saw $1.9 billion splashed out for cloud collaboration provider BroadSoft.

The importance of managing multi-cloud environments continue to be a hot button issue for organisations. A research study from BMC Software released last month found that for the majority of IT decision makers polled, current multi-cloud management approaches needed rethinking.

According to the research, cost optimisation was the most popular reason to go multi-cloud, ahead of increased agility and risk mitigation. “With a multi-cloud strategy, customers need to budget, buy, and consume differently,” added Salvagno.

Financial terms of the deal were not disclosed. in hearing industry leaders discuss subjects like this and sharing their experiences and use-cases? Attend the Cyber Security & Cloud Expo World Series with upcoming events in Silicon Valley, London and Amsterdam to learn more.

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