Cisco Borgs NeoPath
Storage management purchase
Cisco is buying NeoPath, a small Silicon Vallley storage management software vendor. Terms for the privately-held company are undisclosed.
Founded in 2002, NeoPath claims over 50 customer installations for its File Director products, which - says Cisco -simplify the management of network attached storage (NAS) and other file servers.
Post acquisition, the firm will fold into Cisco's Datacenter Switching and Security Technology Group (DSSTG). The deal is expected to close by 28 April.
Cisco is already an investor in NeoPath, buying into the 55-man company last year. ®
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