tech:

taffy

Cisco To Acquire Cloupia For $125M

[Techtaffy Newsdesk]

Cisco is acquiring privately held Cloupia, a Santa Clara, Calif.-based software company that automates converged data center infrastructure – allowing enterprises and service providers to simplify the deployment and configuration of physical and virtual resources from a single management console.

Under the terms of the agreement, Cisco will pay approximately $125 million in cash and retention-based incentives in exchange for all shares of Cloupia. The acquisition is subject to various standard closing conditions and is expected to be complete in the second quarter of Cisco’s fiscal year 2013. Upon the close of the acquisition, Cloupia employees will be integrated into Cisco’s Data Center Group.

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. When combined with data center management solutions like Cisco UCS Manager, Cloupia allows enterprises and service providers to manage pools of computing power, network services, storage and virtual machines as a unified whole.

Just in

Tech giants urge EU to prioritize digital competitiveness and infrastructure investment

Five major technology companies - Ericsson, IBM, Intel, Nokia, and Vodafone - called on European policymakers to take urgent action to boost Europe's digital competitiveness and keep it a priority for the incoming European Commission.

Covered California implements Google Cloud’s AI solutions

Covered California, California's health insurance marketplace, has announced that it will use Google Cloud's AI solutions to simplify the process of providing health insurance to California residents.