Networking giant Cisco is to acquire software-defined wide-area networking (SD-WAN) company Viptela in a deal that values the private company at $610m.
Cisco claims that software-defined networking technology will be increasingly in-demand as devices become ever-more mobile, and billions of (hopefully secure) devices are connected to the internet.
As organisations seek to manage these different, disparate devices securely, they will increasingly turn to SD-WAN solutions to enable them to better manager their environments - especially as five-year-old Viptela's technology is provided in the cloud.
"Viptela's technology is cloud-first, with a focus on simplicity and ease of deployment while simultaneously providing a rich set of capabilities and scale," said Scott Harrell, senior vice president of product management for the Cisco enterprise networking group.
He continued: "These principles are what today's customers demand. With Viptela and Cisco, we will be able to deliver a comprehensive portfolio of comprehensive on-premises, hybrid, and cloud-based SD-WAN solutions."
Rob Salvagno, vice president, corporate business development, at Cisco claimed that the acquisition would enable the company to expand its portfolio in SD-WAN technology.
"Cisco has been providing SD-WAN technology and services to customers for several years: the Cisco IWAN solution delivers an on-premises SD-WAN solution for customers needing advanced routing features and other advanced network services, and Cisco Meraki provides a cloud-based solution for customers needing maximum simplicity and unified threat management functionality in their SD-WAN solution," he explained in a blog posting.
"Acquiring Viptela will enable us to expand our portfolio, with increased functionality delivered through the cloud."
Viptela CEO Praveen Akkiraju was understandably "thrilled" at the acquisition, by a company he worked at for more than 19 years, most recently as senior vice president and general manager of Cisco's Enterprise Networking group, before becoming CEO of Dell EMC-owned VCE.
"Our ground-breaking innovation delivered a single cloud-managed network-fabric that created a secure overlay across multi-protocol label switching (MPLS), broadband, mobile and satellite connections. Our differentiation comes from leveraging the scale and simplicity that flow from the design principles of routing and cloud technologies, which underpin the Viptela Fabric architecture," wrote Akkiraju in a blog posting.
He continued: "This architecture enables enterprises to interact with the network in fundamentally different ways; dynamically defining user and application specific paths, obtaining detailed performance analytics, centrally programming network connectivity, all while dramatically lowering costs and operational overhead.
"In doing so, Viptela has created a revolutionary new way of bringing the network into the user, application and cloud centric era that enterprises are rapidly transitioning to."
The Viptela team will join Cisco's Enterprise Routing team within its Networking and Security Business, led by senior vice president David Goeckeler.
Viptela was co-founded by company president Amir Khan, a 20-year veteran of the networking industry at both Cisco and Juniper, alongside chief technology officer Khalid Raza, who likewise boasts 20 years or so networking industry experience, also with Cisco, but also HPE, where he was a 'distinguished technologist'.
Australian government to require technology and communications companies to provide access to messages
New bill avoids demanding 'backdoors' in encryption, but includes measures to compel companies to provide access to encrypted communications
Indonesian overclocker Ivan Cupa (with the aid of a lot of liquid nitrogen) achieves record overclock on AMD's latest Threadripper
Ssupermassive black hole is so big it corresponds to four per cent of the galaxy's total mass
Imminent attack will target a single bank with cloned cards used to fraudulently withdraw millions over one weekend