Cisco Announces Intent to Acquire Cloupia

Cisco Announces Intent to Acquire Cloupia 
Acquisition Extends Cisco's Data Center Portfolio With Software That
Enables Management of Converged Infrastructure Solutions 
SAN JOSE, CA -- (Marketwire) -- 11/15/12 --  With cloud computing
driving the transition to converged infrastructure, the need for
simplified management systems across compute, storage, network and
virtualization functions is increasing. To help address this need,
Cisco (NASDAQ: CSCO) today announced its intent to acquire privately
held Cloupia, a Santa Clara, Calif.-based software company that
automates converged data center infrastructure -- allowing
enterprises and service providers to simplify the deployment and
configuration of physical and virtual resources from a single
management console. 
Cloupia's infrastructure management software enhances Cisco's Unified
Computing System(R) (UCS) and Nexus(R) switching portfolio with a
single "pane-of-glass" view into the automation of compute, network,
storage, virtual machine, and operating system resources. When
combined with leading data center management solutions like Cisco UCS
Manager, Cloupia allows enterprises and service providers to
seamlessly manage pools of computing power, network services, storage
and virtual machines as a unified whole in order to deploy and
deliver IT services more rapidly and at lower costs. 
"Cisco's data center strategy is based on the premise of making it
easier for customers to deploy a unified and integrated
infrastructure that is efficient, fast, and flexible," said David
Yen, senior vice president and general manager, Cisco Data Center
Business Group. "This strategy involves the delivery of the
industry's most comprehensive data center networking portfolio, which
includes physical and virtual products that support multiple
hypervisors and storage stacks. The addition of Cloupia's automation
software enhances the efficiency of such unified data center
infrastructures, helping to accelerate the transition from physical
to cloud environments more quickly and effectively." 
Mergers, acquisitions and investments are a key part of Cisco's
build, buy, and partner innovation framework and support our strategy
of providing best-in-class solutions for customers. The Cloupia
acquisition aligns to Cisco's strategic goals to develop innovative
data center, virtualization and cloud technologies, while also
cultivating top talent. 
Upon the close of the acquisition, Cloupia employees will be
integrated into Cisco's Data Center Group. Under the terms of the
agreement, Cisco will pay approximately $125 million in cash and
retention-based incentives in exchange for all shares of Cloupia. The
acquisition is subject to various standard closing conditions and is
expected to be complete in the second quarter of Cisco's fiscal year
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Forward-Looking Statements  
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 completion of the acquisition and the time frame in which
this will occur, the expected benefits to Cisco and its customers
from completing the acquisition, and plans regarding Cloupia
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 potential impact on the business of Cloupia
due to the uncertainty about the acquisition, the retention of
employees of Cloupia and the ability of Cisco to successfully
integrate Cloupia 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
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