Sunday, April 12, 2009

Cisco to buy Tidal Software for app management

Cisco Systems Inc. today said it intends to acquire Tidal Software Inc., an application management software provider, for $105 million in cash and incentives.

Products from Palo Alto, Calif.-based Tidal will help advance Cisco's Unified Computing data center strategy, Cisco officials said in a statement.

"With the acquisition of Tidal Software, Cisco will accelerate its ability to help customers optimize the performance of their business applications and automate operational best practices ... which will lead to significantly reduced operational costs," said Gary Moore, Cisco's senior vice president of advanced services, in a statement.

Tidal's software provides management and automation of application performance as an application moves from a server through the network to the desktop.

The acquisition is expected to close in the fourth quarter, and Tidal's workers will become part of Cisco's Advanced Services group.

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