Cisco to acquire networking tech firm Viptela for $610 million

Cisco says it will acquire Viptela, a software-defined networking startup founded by former executives, for $610M in cash and stock  

Over the past several years, an immense transition has taken place as networks have become more diverse and complex. Companies large and small have many branch sites – users at the edge that need to connect securely and quickly to the network and the cloud. Software-defined wide area networking (SD-WAN) technologies are enabling customers to tackle this transition efficiently and effectively. Today, Cisco announced the intent to acquire Viptela Inc., to help customers connect and manage multiple branches, while lowering WAN costs and improving security.

Cisco has been providing SD-WAN technology and services to customers for several years; the Cisco IWAN solution delivers an on-premises SD-WAN solution for customers needing advanced routing features and other advanced network services, and Cisco Meraki provides a cloud-based solution for customers needing maximum simplicity and unified threat management functionality in their SD-WAN solution. Acquiring Viptela will enable us to expand our portfolio, with increased functionality delivered through the cloud.

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