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Cisco buys Another Social Networking Firm Tidal Software for $105 million

Posted on 10. Apr, 2009 by admin in News, Tips & Tricks

SAN JOSE, Calif. – Cisco Systems is continuing to broaden its interest in social networking technology.

Cisco said in a statement that Tidal Software’s intelligent application management and automation solutions will advance its data center strategy.
“Cisco believes the network has become the logical platform to manage and maintain mission-critical applications,” said Gary Moore, senior vice president of Advanced Services at Cisco.
“With the acquisition of Tidal Software, Cisco will accelerate its ability to help customers optimize the performance of their business applications and automate operational best practices in real time, which will lead to significantly reduced operational costs,” he added.

Tidal Software is a privately held company based in Palo Alto, California, and Houston, Texas. Last month, Cisco Break the contract with Hewlett-Packard and IBM and announced it would start making there own computer servers.Cisco’s move into building servers is part of its Unified Computing System (UCS), a next-generation data center platform for corporations seeking to boost efficiency and save energy costs.

Now Companies such as Microsoft, Accenture, EMC Corp, VMware Inc., BMC Software are joining Cisco in the UCS project, offering their expertise in software and other areas s which increases efficiency by allowing a single computer to perform multiple tasks.
Cisco also took another step by buying Pure Digital Technologies, maker of the hot-selling Flip Video camcorder.

Financial terms were not disclosed.

Also on Monday, Cisco said it had closed on the acquisition of Five Across, another social networking software firm.

Tags: automation solutions, Cisco believes, Cisco Systems Inc, ntelligent application management, Tidal Software Inc, UCS project