Cisco Grabs App Management Firm Tidal Software
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From the Who should we buy today? files:
Cisco today announced it was planning to acquire privately held Tidal Software. Cisco is paying $105 million cash and retention-based incentives and expects the deal to close by the end of it fourth quarter fiscal 2009.
On the automation side, Tidal has software called, Tidal Intelligent Automation which according to Tidal,"..allows IT to easily create, modify, delegate, automate and enable guided operations. It also enables IT to automate, manage and audit critical IT processes within Windows-centric IT operations."