Cisco is paying $180 million for Composite, with the deal expected to close in the first quarter of Cisco’s fiscal 2014.
Composite’s solution provides a data virtualization platform intended to make it easier to manage data from different sources.
“As customers increase their adoption of big data, analytics, cloud, and mobile, traditional enterprise data warehouses will fail to meet all of their needs,” Cisco spokesperson, Robyn Jenkins Bloom told Enterprise Networking Planet. “Their needs will increasingly rely on optimizing access to data where it resides, throughout the network, rather than moving the data to one physical location.”
Read the full story at Enterprise Networking Planet:
Cisco Acquires Composite Software for $180 Million
Sean Michael Kerner is a senior editor at InternetNews.com. Follow him on Twitter @TechJournalist.