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March 29, 2011 04:14 pm GMT
Cisco this morning announced its intent to acquire newScale, a global provider of self-service and lifecycle management software for enterprise IT and private/hybrid cloud computing. Terms of the deal were not disclosed, but newScale is a company that's raised tens of millions of dollars in funding from a wide range of investors, according to CrunchBase.Based in San Mateo, California, newScale develops products and solutions that enable companies to select and deploy cloud services within their businesses, allowing them to initiate the provisioning of their own systems and infrastructure on an as-needed basis.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/MRMYmIz1Ldg/
Cisco Buys Cloud Automation And Management Software Company newScale
Cisco this morning announced its intent to acquire newScale, a global provider of self-service and lifecycle management software for enterprise IT and private/hybrid cloud computing. Terms of the deal were not disclosed, but newScale is a company that's raised tens of millions of dollars in funding from a wide range of investors, according to CrunchBase.Based in San Mateo, California, newScale develops products and solutions that enable companies to select and deploy cloud services within their businesses, allowing them to initiate the provisioning of their own systems and infrastructure on an as-needed basis.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/MRMYmIz1Ldg/
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