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.
Tidal Software has several application automation and management solutions that will fit into Cisco’s overall application delivery strategy. The Tidal Intersperse application is a management technology for Java and .NET app servers while Tidal Enterprise Scheduler handles job task scheduling. The Tidal Horizon product is all about automating the analysis and management of SAP operations, which is something that Tidal complements with their Tidal Transaction Analyzer for SAP as well.
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.”