03-12-2010, 12:35 AM
Cisco buying out LineSider ?
Cisco are apparently set to acquire a Network Management Software Company that goes by the name of LineSider
This morning Cisco announced that they intends to purchase LineSider Technologies, a privately-held network management software based out of Danvers, Massachusetts. Financial terms of the transaction were not disclosed, and Cisco said it aims to complete the acquisition in the second quarter of its fiscal year 2011.
LineSider are a company that market software that enables companies to build network services and securely create and deploy cloud computing infrastructure. Cisco says LineSider will enhance its ability to rapidly provision network services to its clients.
Cisco was already a close partner of LineSider.
In addition to providing Cisco with advanced network management technology, the company says the deal would bring an experienced engineering team to the company. Upon the close of the acquisition, the LineSider team will become part of Cisco’s NMTG.
LineSider was founded in 2005 and has, according to its website, raised an undisclosed amount of capital from angel investors.
![[Image: cisco-logo.png]](http://markwood.co.cc/donotdelete/articles/cisco-logo.png)
![[Image: linesider-logo.png]](http://markwood.co.cc/donotdelete/articles/linesider-logo.png)
Cisco are apparently set to acquire a Network Management Software Company that goes by the name of LineSider
This morning Cisco announced that they intends to purchase LineSider Technologies, a privately-held network management software based out of Danvers, Massachusetts. Financial terms of the transaction were not disclosed, and Cisco said it aims to complete the acquisition in the second quarter of its fiscal year 2011.
LineSider are a company that market software that enables companies to build network services and securely create and deploy cloud computing infrastructure. Cisco says LineSider will enhance its ability to rapidly provision network services to its clients.
Cisco was already a close partner of LineSider.
In addition to providing Cisco with advanced network management technology, the company says the deal would bring an experienced engineering team to the company. Upon the close of the acquisition, the LineSider team will become part of Cisco’s NMTG.
LineSider was founded in 2005 and has, according to its website, raised an undisclosed amount of capital from angel investors.