Cisco Acquiring Whiptail for $415 Million
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Cisco is growing its data center portfolio in a big way with the acquisition of privately-held Whiptail. Cisco is paying approximately $415 million for Whiptail in a deal that is expected to close in the first quarter of fiscal 2014, which ends next month.
After the deal closes, Whiptail staff will be rolled into Cisco's Computing Systems Product Group, which is run by Paul Perez, vice president and general manager.