Cisco Completes Acquisition of LineSider
SAN JOSE, Calif. Dec. 13, 2010 Cisco today announced it has completed its acquisition of privately held LineSider Technologies, Inc., a leading provider of network management software that helps customers build the network services necessary to securely create and deploy cloud computing infrastructure. Based in Danvers, Mass., LineSider enhances Cisco's ability to rapidly provision network services.
LineSider's software is designed to enable customers to organize their network resources into a flexible cloud infrastructure that integrates the network with customers' existing IT operational tools and processes. This network abstraction layer allows customers to provision and deploy numerous individual network components much more quickly than previously possible, dramatically reducing network operations costs and accelerating service delivery. LineSider's unique policy-based approach automatically responds to pre-determined business scenarios and provides maximum performance across networking products and service delivery platforms. A partner-centric approach remains a cornerstone of Cisco's strategy in the cloud computing space, and LineSider's technology strengthens Cisco's ability to work with a broad community of software partners, particularly within the service management space.
In addition to providing Cisco with advanced technology, the acquisition of LineSider brings an industry-leading team of engineers to the company. With the close of the acquisition, the LineSider team becomes part of Cisco's Network Management Technology Group (NMTG).
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This press release may be deemed to contain forward-looking statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including the expected benefits to Cisco from completing the acquisition and plans regarding LineSider Technologies' personnel. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results due to a variety of factors, including, among other things, the retention of employees of LineSider and the ability of Cisco to successfully integrate LineSider and to achieve expected benefits, business and economic conditions and growth trends in the networking industry, customer markets and various geographic regions, global economic conditions and uncertainties in the geopolitical environment and other risk factors set forth in Cisco's most recent reports on Form 10-K and Form 10-Q. Any forward-looking statements in this release are based on limited information currently available to Cisco, which is subject to change, and Cisco will not necessarily update the information.