Tidal Software Sold to Cisco Systems

Joining forces

Networking giant Cisco Sytems has purchased Tidal Software, based in Palo Alto. Cisco plunked down $105 million for the software company. It promises this move will allow users to manage applications seamlessly across the Cisco network.

Cisco didn’t need short-term loans to fund the purchase; it paid for Tidal Software in cash.

About Tidal

VentureBeat reports that Tidal Software “focuses on letting companies efficiently manage and automate their applications.” The company has been around for 11 years. On its web site, Tidal promises to “improve your IT operations, and business.”

The bigger picture

Last month, Cisco launched its Unified Computing System plan, and the company says it will integrate Tidal Software into that plan. The project “brings together servers, storage and networking into a single offering, with an emphasis on virtualization,” reports VentureBeat.

Cisco shopping spree?

Cisco Systems made an even bigger purchase last month. It bought another California company, Pure Digital Technologies, for $590 million. Pure Digital, however, was paid for in stock. ... click here to read the rest of the article titled "Tidal Software Sold to Cisco Systems"