Thursday, September 18, 2014

Cisco to Acquire Private Cloud Vendor Metacloud | Re/code

Another move to complement rather than directly compete with AWS

"Networking giant Cisco Systems said today it will acquire Metacloud, a privately held startup focused on selling private cloud computing services to companies.

Cisco says Metacloud fits with its larger vision to build what it calls a “network of clouds.” It said in March it would spend $1 billion on an initiative it calls Intercloud. That plan calls for Cisco to deliver cloud services through a network of third parties rather than build a distinct service to compete with the likes of Amazon Web Services or IBM SoftLayer."
Cisco to Acquire Private Cloud Vendor Metacloud | Re/code
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