Tuesday, March 29, 2011

Cisco Systems Inc: $CSCO Announces Intent to Acquire newScale

SAN JOSE, Calif. – March 29, 2011 – Cisco today announced its intent to acquire privately-held newScale Inc., a leading provider of software that delivers a service catalog and self-service portal for IT organizations to select and quickly deploy cloud services within their businesses. Based in San Mateo, Calif., newScale allows commercial and enterprise customers to initiate the provisioning of their own systems and infrastructure on an as-needed basis.


Source
Cisco.com - press release

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