Cisco to Buy Tidal Software

April 13, 2009: Cisco has announced its intent to acquire Tidal Software, creator of intelligent application management automated solutions.

The company says the acquisition will enable it to advance its data centre strategy by enhancing product and service delivery offerings.

"Cisco believes the network has become the logical platform to manage and maintain mission-critical applications," says Gary Moore, senior vice president of Advanced Services at Cisco.

"With the acquisition of Tidal Software, Cisco will accelerate its ability to help customers optimise the performance of their business applications and automate operational best practices in real time.”

Cisco claims that by streamlining applications this way it will be able to offer significantly reduced operational costs.

The deal will see the company, which has been on somewhat of a buying spree of late, splurge SU$105 (AU$146) million in cash and retention incentives to take over the privately held Tidal.

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