Cisco acquires NeoPath Networks

Source: voipcentral.org

Cisco Systems has announced that it is purchasing NeoPath Networks, a company that pioneers in field of virtualisation software and network storage.

With this addition, Cisco hopes to enhance its server systems and Services Oriented Network Architecture direction and vision by creating tighter linkages between file based data and network accelerated services.

California-based NeoPath has excelled in the areas of virtualisation software that links multiple small storage units and facilitates them to act as a single device.

The terms and conditions of the deal are not divulged to the media. However, it is believed that Cisco is acquiring NeoPath by the end of third quarter of companys fiscal year 2007.

The IP networking giant has also announced that it is acquiring the web conferences services specialist WebEx Communications for $3.2 billion next month.