Powered by

Business News Roundup, May 2

May 2, 2017 - The San Francisco Chronicle

Cisco Systems to buy Viptela

Cisco Systems said Monday it has agreed to a $610 million deal to buy Viptela, a San Jose maker of software that helps businesses connect remote branch offices, data centers and other sites.

Cisco made the deal to beef up its own networking technologies with Viptela's "cloud-first approach," Rob Salvagno, vice president of corporate business development, wrote in a company blog.

The firms already had strong ties. Two former Cisco executives, Presi

Sign up for unrestricted access to 200+ subscription services.
Already have an account? Click here to login.

RelSci News & Alerts gets you:

  • 5 free articles a month from top subscription outlets like the Financial Times, New York Times, and Washington Post
  • Competitive business intelligence through daily data updates
  • Custom feeds on target high-value individuals, companies, industries, and topics delivered straight to your inbox