Cisco Systems Inc. Thursday said it intends to acquire Tidal Software Inc., an application management software provider, for US$105 million in cash and incentives.
Products from Tidal, based in Palo Alto, Calif., and Houston, will help advance Cisco’s Unified Computing data center strategy, Cisco officials said in a statement.
“With the acquisition of Tidal Software, Cisco equipment will accelerate its ability to help customers optimize the performance of their business applications and automate operational best practices. … which will lead to significantly reduced operational costs,” said Gary Moore, Cisco’s senior vice president of advanced services, in a statement.
Tidal’s software provides management and automation of application performance as an application moves from a server through the network to the desktop.
The acquisition is expected to close in the fourth quarter, and Tidal’s workers will become part of Cisco’s Advanced Services group.