
Cisco, the world\'s largest maker of computer networking equipment, on Thursday announced that it intends to buy software company Cloupia for about 125 million U. S. dollars. Cisco said in a press release that the purchase is expected to enhance its offering of data center solutions. A data center is a facility used to house computers, telecommunications and storage systems. Cisco has developed a strategy that focuses on providing unified data center infrastructure and leverages the benefits of cloud computing, which delivers computing resources over the network. In introductions posted on its website, Cloupia describes itself as a provider of data center and cloud computing automation and management software. Cisco said Cloupia\'s software will allow customers to seamlessly manage pools of computing resources as a unified whole and enable them to deploy and deliver information technology services more rapidly and at lower costs. Founded in 2009, the privately-held Cloupia is based in Santa Clara in the U.S. state of California. According to Cisco, the acquisition is expected to be closed in its current fiscal quarter which ends in January 2013.
GMT 09:47 2018 Tuesday ,23 January
SAP unveils big push into French tech start-upsGMT 05:07 2018 Tuesday ,23 January
Noble Group shares surge 37 percent on buyout talksGMT 19:07 2018 Monday ,22 January
BAKS spent Dh225m on charity projects in 2017GMT 22:52 2018 Sunday ,21 January
French firm "recalls baby milk product"GMT 22:27 2018 Sunday ,21 January
US company plans funds that double bitcoin price movesGMT 21:23 2018 Sunday ,21 January
Pence starts Mideast tour in Egypt amid Arab angerGMT 08:54 2018 Saturday ,20 January
Million-euro bill for firm behind Paris bike-share chaosGMT 10:47 2018 Friday ,19 January
German chemical giant BASF sees 'significant' profit leap

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor