Cisco Acquires Tail-f Systems

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.