Cisco has completed the acquisition of Composite Software for approximately $180 million in cash: stakes and opportunity.



If Cisco was poorly positioned in data virtualization software and services, henceforth, since yesterday, this gap has been filled by the acquisition of Composite Software. This means, Composite will expand Cisco's portfolio of Smart Services and extend its next-generation services platform by connecting data and
infrastructure.
Connectikpeople may recall that, Composite Software provides software technology that connects many types of data from across the network and makes it appear as if it's in one place.
Under the terms of agreement, Composite employees will join the Cisco Services team, under the leadership of Mala Anand, senior vice president, Cisco Services Platforms Group and Mike Flannagan, senior director and general manager of the Integration Brokerage Technology Group.
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