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Cisco acquires OpenStack cloud provider

Cisco acquires OpenStack cloud provider

Privately held Metacloud provides OpenStack-as-a-service for global enterprises.

Cisco this week said it will acquire privately held Metacloud, an operator of private OpenStack clouds for global enterprises.

Terms of the transaction were not disclosed.

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Metacloud offers an OpenStack-as-a-Service that remotely operates private clouds in a customer's data center. Cisco says Metacloud will augment its strategy to build a global Intercloud, a network of clouds stitched together from Cisco and partner offerings to deliver a distributed platform to support the company's Internet of Everything initiative.

Cisco says its Intercloud strategy is based on OpenStack, an open source cloud computing platform.

The Metacloud acquisition is expected to close by the end of October. Metacloud employees will join Cisco's Cloud Infrastructure and Managed Services organization led by Senior Vice President Faiyaz Shahpurwala.

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Tags mergers & acquisitionsMetacloudciscocloud computinginternetOpenStack

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