Menu
Cisco set to acquire Cmpute.io for cloud offering boost

Cisco set to acquire Cmpute.io for cloud offering boost

The company's tech analyses cloud-deployed workloads and consumption patterns

Cisco has announced plans to acquire India-based cloud solutions provider, Cmpute.io, as part of a broader push to bolster its cloud offering.

While incorporated in Delaware, United States, Cmpute.io has its operations based in Bangalore, India.

The Indian Amazon Web Services (AWS) advance technology partner, also known as 47Line Technologies, provides a software solution that analyses cloud-deployed workloads and consumption patterns.

The company’s technology also identifies cost-optimisation strategies workloads in the cloud, and is aimed at helping end users right-size their cloud workload instances, minimise overprovisioning, and avoid paying for resources that don’t deliver business value.

According to Cisco’s head of mergers and acquisition and venture investment team, Rob Salvagno, Cmpute.io’s team and technology will add new capabilities to Cisco’s CloudCenter and accelerate the delivery of its cost-optimisation features for customers.

“More and more businesses are moving workloads to private and public clouds -- and often to multiple public cloud providers -- in order to gain more flexibility and agility,” Salvagno said. “However, managing this multicloud environment can create complexity for IT and make it challenging to manage costs and uncontrolled consumption.

“To help our customers optimize the consumption of cloud resources in this more complex reality and control cloud spending, Cisco is announcing our intent to acquire Cmpute.io.

“With a multicloud strategy, customers need to budget, buy, and consume differently. Cmpute.io’s technology added to existing Cisco solutions will help our customers optimize their cloud consumption to ensure optimal business value,” he said.

The acquisition of Cmpute.io is expected to close in the second quarter of Cisco’s fiscal year 2018.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags CloudciscoCmpute.io

Featured

Slideshows

Reseller News launches new-look Awards at 2018 Judges’ Lunch

Reseller News launches new-look Awards at 2018 Judges’ Lunch

Introducing the Reseller News Innovation Awards, launched to the channel at the 2018 Judges’ Lunch in Auckland. With more than 70 judges now part of the voting panel, the new-look awards will reflect the changing dynamics of the channel, recognising excellence across customer value and innovation - spanning start-ups, partners, distributors and vendors.

Reseller News launches new-look Awards at 2018 Judges’ Lunch
Kiwi channel debates GDPR as Reseller News Exchange hits Wellington

Kiwi channel debates GDPR as Reseller News Exchange hits Wellington

This exclusive Reseller News Exchange, in association with Arrow ECS ANZ, ForeScout and StorageCraft, went on the road to debate the early implications of GDPR in New Zealand, extracting opportunities while evaluating challenges for the channel in the year ahead.

Kiwi channel debates GDPR as Reseller News Exchange hits Wellington
Show Comments