Cisco Buys Viptela $610M
In May Cisco made it clear that it is serious about the software defined WAN (SD-WAN) market. Cisco said it will spend $610 million in cash and equity awards to acquire Viptela, a developer of software-defined, wide-area networking (SD-WAN) technology that is already popular with several large telecom carriers, like Verizon, and Fortune 500 companies. "For customers with broad, complicated deployments with a variety of technologies like MPLS, Viptela is the best," Prashanth Shenoy, vice president of product marketing for enterprise networks at Cisco told CRN.
