Cisco Acquires Tail-f Systems
June 19, 2014
Cisco Systems agreed to acquire Stockholm-based Tail-f Systems, a provider of multi-vendor network service orchestration software, for about $175 million in cash and incentives. The acquisition brings Tail-f's model-driven orchestration and Network Control System (NCS) into Cisco's Cloud and Virtualization Group to accelerate Cisco's cloud virtualization, NFV and multi-vendor orchestration strategy.
- Buyers
- Cisco Systems
- Targets
- Tail-f Systems
- Industry
- Software
- Location
- Sweden
- Transaction Type
- Buyout
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