Cisco Announces Intent to Acquire Metacloud

SAN JOSE, CA--(Marketwired - Sep 17, 2014) - Cisco (NASDAQ: CSCO) today announced its intent to acquire privately held Metacloud. Based in Pasadena, Calif., Metacloud deploys and operates private clouds for global organizations with a unique OpenStack-as-a-Service model that delivers and remotely operates production-ready private clouds in a customer's data center. 

Metacloud's OpenStack-based cloud platform will accelerate Cisco's strategy to build the world's largest global Intercloud, a network of clouds, together with key partners to address customer requirements for a globally distributed, highly secure cloud platform capable of meeting the robust demands of the Internet of Everything. Since announcing its Intercloud strategy in March, Cisco has made rapid progress, enlisting key technology partners, service and cloud providers, all of whom are standardizing upon the Cisco Cloud Services architecture, which is based on OpenStack open source software for building private and public clouds.

With OpenStack gaining global acceptance through its ability to handle any workload on any hypervisor on any public or private cloud, the ability to manage OpenStack installations at scale is a critical component of Cisco's Intercloud strategy. Cisco's acquisition of Metacloud's remote managed OpenStack Private Cloud-as-a-Service platform will play an increasingly important role in accelerating Cisco customers' journey to the cloud, enabling enterprises to match the as-a-Service operational benefits of public cloud with the security and control provided by private cloud. Metacloud also will allow service providers to combine their public cloud deployments with remotely managed OpenStack private clouds, and to deliver unique Intercloud offerings to their customers.

"Cloud computing has dramatically changed the IT landscape. To enable greater business agility and lower costs, organizations are shifting from an on-premise IT structure to hybrid IT -- a mix of private cloud, public cloud, and on-premise applications," said Hilton Romanski, senior vice president, Cisco Corporate Development. "The resulting silos present a challenge to IT administrators, as choice, visibility, data sovereignty and protection in this world of many clouds requires an open platform. We believe Metacloud's technology will play a critical role in enabling our customers to experience a seamless journey to a new world of many clouds, providing choice, flexibility, and data governance."