Cisco Completes Acquisition of Cloupia

Mon Dec 10, 2012 4:05pm EST

* Reuters is not responsible for the content in this press release.

  SAN JOSE, CA, Dec 10 (Marketwire) -- 
Cisco (NASDAQ: CSCO) today announced it has completed the acquisition of
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. This
acquisition includes Cloupia's infrastructure management software and
talent. When combined with Cisco's leading data center management
solutions, Cloupia will enable enterprises and service providers to
seamlessly manage pools of computing power, network services, storage and
virtual machines as a unified whole in order to deploy and deliver IT
services more rapidly and at lower costs.

    The Cloupia team will be integrated into Cisco's Data Center Group. Under
the terms of the agreement, Cisco paid approximately $125 million in cash
and retention-based incentives in exchange for all shares of Cloupia. 

    About Cisco 
 Cisco (NASDAQ: CSCO) is the worldwide leader in IT that
helps companies seize the opportunities of tomorrow by proving that
amazing things can happen when you connect the previously unconnected.
For ongoing news, please go to http://thenetwork.cisco.com.

    Cisco and the Cisco logo are trademarks or registered trademarks of Cisco
and/or its affiliates in the U.S. and other countries. A listing of
Cisco's trademarks can be found at www.cisco.com/go/trademarks.
Third-party trademarks mentioned are the property of their respective
owners. The use of the word partner does not imply a partnership
relationship between Cisco and any other company.

    Forward-Looking Statements 

    This press release may be deemed to contain forward-looking statements,
which are subject to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. These statements include, among others,
statements regarding Cisco's ability as a result of the acquisition to
enable enterprises and service providers to seamlessly manage pools of
computing power, network services, storage and virtual machines as a
unified whole in order to deploy and deliver IT services more rapidly and
at lower costs, and plans regarding Cloupia personnel. Readers are
cautioned that these forward-looking statements are only predictions and
may differ materially from actual future events or results due to a
variety of factors, including, among other things, the potential impact
on the business of Cloupia due to the uncertainty about the acquisition,
the retention of employees of Cloupia and the ability of Cisco to
successfully integrate Cloupia and to achieve expected benefits, business
and economic conditions and growth trends in the networking industry,
customer markets and various geographic regions, global economic
conditions and uncertainties in the geopolitical environment and other
risk factors set forth in Cisco's most recent reports on Form 10-K and
Form 10-Q. Any forward-looking statements in this release are based on
limited information currently available to Cisco, which is subject to
change, and Cisco will not necessarily update the information. 

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Press Contact:
Robyn Jenkins-Blum
408-853-9848
rojenkin@cisco.com

Industry Analyst Contact:
Jesse Freund
408-853-0099
jefreund@cisco.com

Investor Relations Contact:
Carol Villazon
408-527-6538
carolv@cisco.com 

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