Fusion-io shares rise on Cisco contract

(Reuters) - Shares of Fusion-io Inc (FIO.N) rose 9 percent after it won an original equipment manufacturing deal from Cisco Systems Inc (CSCO.O).

Fusion-io, which makes storage memory hardware and software to speed up processing for data center servers, said on Monday that its Fusion ioMemory will be used in Cisco's UCS B-series blade servers.

Shares of Fusion-io touched a high of $19.17 in early trading on Tuesday on the New York Stock Exchange.

(Reporting by Sruthi Ramakrishnan in Bangalore; Editing by Maju Samuel)