Rackspace may be distancing itself from consolidation in the cloud space, but Cisco managed to find a target to beef up its own efforts. The router giant entered the space back in March with its Intercloud strategy, and today announced its intention to purchase Metacloud.
Metacloud builds and operates private clouds for the global enterprise market using a customized OpenStack-as-a-Service model. Cisco’s network of clouds strategy is also based on OpenStack of course, which will hopefully make the integration a breeze. Just where the overall Intercloud effort will wind up in the marketplace is still an open question.
Financial details of the deal were not given. When the deal closes, Metacloud’s employees will join Cisco’s Cloud Infrastructure and Managed Services organization under SVP Faiyaz Shahpurwala.
If you haven't already, please take our Reader Survey! Just 3 questions to help us better understand who is reading Telecom Ramblings so we can serve you better!Categories: Cloud Computing · Mergers and Acquisitions · Telecom Equipment