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May 1, 2017

Cisco scoops up yet another cloud company, acquiring SD-WAN startup Viptela for $610M

Cisco headquarters. Cisco has been rather acquisitive in recent years, buying 19 companies since 2015; today it announced it was acquiring cloud-based SD-WAN vendor Viptela for $610 million in cash. Viptela was founded in 2012 and had raised more than $108 million, including its most recent $75 million round just last May. The $610 million price tag appears to be a nice return for investors. Read More

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