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.
mergers and aquisitions posts
Feed
Closing Bell: Dubai sends jitters throughout the market (S, BBY)
Heinz looking good after the second quarter?
Why isn't Bank of America updating its shareholders on CEO situation?
