Cisco this week agreed to acquire software-defined wide-area network (SD-WAN) specialist Viptela in a deal worth $610 million (€558.91 million)…
Cisco this week agreed to acquire software-defined wide-area network (SD-WAN) specialist Viptela in a deal worth $610 million (€558.91 million).
U.S.-based Viptela offers network management, orchestration and overlay technologies designed to ease the deployment of SD-WAN solutions.
"Viptela's technology is cloud-first, with a focus on simplicity and ease of deployment while simultaneously providing a rich set of capabilities and scale. These principles are what today's customers demand," said Scott Harrell, senior vice president of product management at Cisco's Enterprise Networking Group.
Cisco plans to integrate the company into its Enterprise Routing unit, which is part of its Networking and Security Business, which is led by SVP David Goeckeler.
The acquisition, which is expected to close in the second half of this year, will enable Cisco to accelerate its development of new SD-WAN offerings and its transition to software-centric solutions.
"With Viptela and Cisco, we will be able to deliver a comprehensive portfolio of on-premises, hybrid, and cloud-based SD-WAN solutions," Harrell said.