Cisco Systems Spends $125 Million On Software Firm
Cisco Systems (CSCO) shares inched up more than 1% in morning trading Thursday after the computer networking company said it intends to acquire Cloupia, a closely held software firm, for $125 million. Cloupia, based in Santa Clara, Calif., makes software that automates the installation and configuration of data center hardware. The software will be used to enhance Cisco's Nexus data center switches and the company's Unified Computing System line
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