Cisco to buy Cloupia for $125 million

NEW YORK Thu Nov 15, 2012 8:11am EST

NEW YORK Nov 15 (Reuters) - Cisco Systems plans to buy Cloupia, a privately held data center software company, for about $125 million, including retention-based incentives.

The deal, which is subject to closing conditions, is expected to close in the second quarter of Cisco's fiscal year 2013, the company said on Thursday.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.