With billions in the bank and a broad technology platform, Cisco (NASDAQ: CSCO) has been fairly clear that a big priority is M&A. And this week, we got another deal: the $105 million purchase of Tidal Software.
Tidal develops sophisticated data center software solutions -- helping to manage diverse applications, such as from Oracle (NASDAQ: ORCL), SAP (NYSE: SAP) and Microsoft (NASDAQ: MSFT).
Of course, Tidal's business is a nice complement for Cisco, which is getting aggressive in the server market.
MergersAndAquisitions posts
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