Data Center Innovation Provider Cisco Acquires Hyperconvergence Software Company Springpath
September 24, 2017
Data center innovation provider Cisco has acquired hyperconvergence software company Springpath, Inc. (Springpath). Cisco, which has headquarters in San Jose, California, United States, was established in 1984. The company specializes in hardware, software, and service offerings that are used to “create the Internet solutions that make networks possible”. A globally recognized brand, it is involved in a wide range of activities including development in routing and switching, and in advanced technologies like “home networking, IP telephony, optical networking, security, storage area networking, and wireless technology”. The cost of the deal was reported to be in the region of $320 million (paid in cash).
Springpath, which has headquarters in Sunnyvale, California, United States, was established in 2012. The company is a recognized leader in hyperconvergence software. It offers a distributed file system that has been “purpose-built for hyperconvergence that enables server-based storage systems”. The acquisition enhances Cisco’s ability to “deliver next-generation data center innovation” to customers. The two companies had been involved in a strategic relationship since 2016 when they launched and delivered HyperFlex – a hyperconverged infrastructure system.
“The acquisition will allow Cisco to continue to grow its computing business, enabling more customers to realize the benefits of simple and economic software-defined infrastructure,” explained the company’s website. “As part of Cisco, it will serve as a meaningful addition to Cisco's data center portfolio and will help Cisco provide simplicity and agility to its data center customers”.