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Cisco Systems Inc Completes Acquisition of WHIPTAIL


Tuesday, 29 Oct 2013 08:00am EDT 

Cisco Systems Inc announced that it has completed the acquisition of privately held WHIPTAIL. With the acquisition of WHIPTAIL Cisco is evolving the UCS architecture by integrating data acceleration capability into the compute layer. Integrating WHIPTAIL's solid state memory systems into the computing fabric of UCS will simplify customers' data center environments by delivering the required performance in a fraction of the data center floor space with unified management for provisioning and administration. Under the terms of the agreement, Cisco will pay approximately $415 million in cash and retention-based incentives in exchange for all shares of WHIPTAIL. 

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23.755
0.19 +0.81%
10:39am EDT