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Cisco to buy networking software maker Tail-f Systems
June 17, 2014 / 12:41 PM / 3 years ago

Cisco to buy networking software maker Tail-f Systems

(Reuters) - Cisco Systems Inc said it would buy privately held Swedish networking software maker Tail-f Systems for about $175 million to expand its network management and automation business.

A visitor walks past a Cisco advertising panel at the Mobile World Congress in Barcelona February 27, 2014. REUTERS/Albert Gea

Tail-f employees will join the network equipment maker’s cloud and virtualization group.

The deal is expected to close in the fourth quarter, Cisco said on Tuesday.

Reporting by Abhirup Roy in Bangalore; Editing by Joyjeet Das

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