Cisco announced on Wednesday its intention to acquire Tail-f Systems for approximately $175 million in cash and retention-based incentives. Stockholm Sweden based Tail-f Systems, a leader in multi-vendor network service orchestration solutions for traditional and virtualized networks, provides solutions to help service providers and enterprise IT organizations to easily and cost-effectively implement applications, network services and solutions across networking devices. Tail-f’s technology also helps reduce the time-to-market for network equipment vendors building equipment for agile, software-programmable networks.
According to a statement by Cisco, the acquisition of Tail-f accelerates Cisco’s cloud virtualization strategy of delivering software that increases value to our customers’ applications and services, while supporting Cisco’s long-standing commitment to open standards, architectures, and multi-vendor environments. With Tail-f’s network service orchestration technology, Cisco’s service provider cloud and virtualization portfolio will simplify and automate the provisioning and management of both physical and virtual networks. Tail-f’s solutions are also applicable to tackle other network problems, such as layer 2 or layer 3 VPN provisioning, and next-generation networking based on network function virtualization (NFV) and network programmability.
"With a rapidly increasing number of people, devices, and sensors connecting across the Internet of Everything (IoE), service providers require new capabilities to deliver value-added, cloud-based services and applications. Our goal is to help to eliminate the bottleneck caused by operational complexity within the network. The acquisition of Tail-f’s network services configuration and orchestration technology will extend Cisco’s innovation in network function virtualization, helping service providers reduce operating costs and the time it takes to deploy new services, making agile service provisioning a reality.”
- Hilton Romanski, Senior Vice President, Cisco Corporate Development