Cisco this morning announced its intent to acquire newScale, a global provider of self-service and lifecycle management software for enterprise IT and private/hybrid cloud computing.
Terms of the deal were not disclosed, but newScale is a company that’s raised tens of millions of dollars in funding from a wide range of investors, according to CrunchBase.
Based in San Mateo, California, newScale develops products and solutions that enable companies to select and deploy cloud services within their businesses, allowing them to initiate the provisioning of their own systems and infrastructure on an as-needed basis.
Cisco says newScale will complement and expand its existing IT and cloud management and automation software offerings. Upon the close of the acquisition, the newScale team will fall within Cisco’s Advanced Services organization.
The acquisition is expected to close in the second half of Cisco’s fiscal year 2011, subject to customary closing conditions.