14 DAY TRIAL // California based networking mogul, CISCO Systems announced on Tuesday that they have a definitive agreement to acquire NeoPath Networks, a leading provider of high performance, scalable file storage management solutions. NeoPath Networks is recognized for their SMART virtualization technology, NeoPath File Director line of products which are being used to manage networked attached storage (NAS) as well as other file servers.
CISCO's experience in the networking business has placed the company on the top spot among networking solutions provider, and now, they will integrate the new technologies from NeoPath Networks into their Datacenter Switching and Security Technology Group. This acquisition will enhance the Cisco Service-Oriented Network Architecture (SONA). This is a framework that delivers business solutions to network-based services including security, mobility and location with the virtualization of IT resources. "Enterprise customers are asking Cisco how they can make better use of their existing IT infrastructure, and NeoPath is part of the answer," said Jayshree Ullal, Senior Vice President, Datacenter Switching and Security Technology Group (DSSTG). "NeoPath's technology will enhance Cisco's Services Oriented Network Architecture (SONA) direction and vision by establishing tighter linkages between file based data and network accelerated services."
CISCO has already purchased three companies this year, this would be the fourth one in a row. Amongst these acquisitions we encounter Reactivity Inc., a leading XML gateway provider for organizations anywhere between commercial enterprises and the Global 500, Five Across, a leading vendor in the social networking marketplace and Iron Port, a leading provider of messaging security appliances, with focus to spam and spyware protection. CISCO has also been toying with the concept of IPTV, trying to promote it as a bandwidth-efficient solution for high quality video and audio communications.