LineSider Bought By Cisco

San Jose, CA-based Cisco Systems (NASDAQ: CSCO) announced today that it plans to acquire Danvers, MA-based LineSider Technologies, a maker of network management software for applications in cloud computing. Networking giant Cisco did not reveal how much it paid for LineSider, but said that the startup’s technology will strengthen its services in the cloud computing space, by integrating cloud infrastructure with customers’ existing IT systems. The deal is expected to close in the second quarter of Cisco’s fiscal 2011 year.

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