Q: What is Cisco acquiring?
A: Cisco has acquired Cmpute.io, also known as 47Line Technologies, a privately held company operating in Bangalore, India, and registered in Delaware.
Q: Why did Cisco choose to acquire Cmpute.io?
A: The acquisition of Cmpute.io is a more effective way to add new capabilities and features to CloudCenter, than developing them using existing the CloudCenter development team.
Q: Why is now the right time to acquire Cmpute.io?
A: As use of Cloud Infrastructure as a Services (IaaS) continues to grow, an increasing number of existing Cisco customers are focusing efforts on reducing cloud bill, and optimizing pay-per-use resource consumption.
Q: Will Cisco continue to offer Cmpute.io products after the acquisition closes?
A: Cisco will not continue to sell the existing Cmpute.io product. Cisco will support existing Cmpute.io customers, and when features are available in a CloudCenter release, will replace Cmpute.io with CloudCenter, and end of life the existing Cmpute.io product.