Cisco completes acquisition of Tail-f Systems

Acquisition accelerates Cisco's cloud virtualisation strategy

Tags: Cisco Systems IncorporatedMergers and acquisitions
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Cisco completes acquisition of Tail-f Systems Gee Rittenhouse, vice president and general manager will head the new Cisco Cloud and Virturalisation Group.
By  Manda Banda Published  July 15, 2014

Cisco has announced it has completed the acquisition of privately held Tail-f Systems, a provider of multi-vendor network service orchestration solutions for traditional and virtualised networks.

Under the terms of the agreement, Cisco will pay approximately $175m in cash and retention-based incentives in exchange for all shares of Tail-f.

Headquartered in Sweden, Tail-f's products help service providers and enterprise IT organisations to easily and cost-effectively implement applications, network services and solutions across networking devices.

The acquisition of Tail-f accelerates Cisco's cloud virtualisation strategy of delivering software that increases value to our customers' applications and services, while supporting Cisco's long-standing commitment to open standards, architectures, and multi-vendor environments.

With Tail-f's network service orchestration technology, Cisco's service provider cloud and virtualsation portfolio will simplify and automate the provisioning and management of both physical and virtual networks. Tail-f's solutions are equally applicable for today's network problems, such as layer 2 or layer 3 VPN provisioning, and next-generation networking based on network function virtualisation (NFV) and network programmability.

Tail-f employees join Cisco's Cloud and Virtualisation Group led by Gee Rittenhouse, vice president and general manager.

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