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Cisco Announces Acquisition of Assemblage

Collaboration technology gives us the ability to work together anywhere, on any device, at any time. With more and more people using smartphones and tablets to do their work, it is more important than ever that enterprise collaboration delivers high quality voice, video, chat and online sharing instantly, to any device on any platform.

Today, I am pleased to announce Cisco’s acquisition of Assemblage to help us capture the ongoing market transitions of mobility, cloud and the Internet of Everything (IoE). Assemblage has built a talented team of web developers to deliver the tools and the infrastructure to enable simple, real-time collaboration through the browser to any device, without the need for downloads, plugins, or installations.

Assemblage offers real-time collaboration apps for shared whiteboarding, presentation broadcasting and screensharing. Users are able to collaborate simply via their browser with one-click, instantly accessing collaboration apps delivered via the cloud. Assemblage’s technology also integrates with popular third party cloud services and supports 40 different file types to enable quick and efficient collaboration.

With this acquisition, Assemblage brings a strong team of engineers with deep web development expertise to Cisco’s Collaboration Technology Group (CTG), enabling Cisco to accelerate innovation and develop simple, easy to use, next generation collaboration solutions. In addition, Assemblage’s experience integrating with third party cloud ecosystem applications like Box and Google shows a close alignment to Cisco’s collaboration strategy and our commitment to simplicity and interoperability.

We are excited to welcome Assemblage to our collaboration team. Together, Cisco and Assemblage will provide simple, easy-to-use solutions that help employees work smarter together from virtually anywhere.

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Cisco Announces Intent to Acquire Tail-f Systems

Every day our world becomes increasingly connected. And as the Internet of Everything (IoE) continues to develop, service providers who provide us with video, voice, and data services are faced with managing explosive growth of demand on their network, including the number of applications and platforms needed to improve the way we live, learn, work and play.

All of this makes networks more complex and expensive to manage.  At the same time, increased competition is driving service providers to introduce new services more rapidly. While Network Function Virtualization (NFV) and network programmability both help improve scale and functionality of networks for service providers, they do not solve the bottleneck caused by operational complexity.

That is why today, I am pleased to announce our intent to acquire Tail-f Systems, a leading provider of multi-vendor network orchestration solutions for traditional and virtual networks. Tail-f will help achieve our goal of aiding customers in their quest to simplify and automate network management, enabling service innovation and deployment acceleration. The acquisition of Tail-f accelerates Cisco’s cloud virtualization strategy of delivering software that increases value to our customers’ applications and services, while supporting Cisco’s long-standing commitment to open standards, architectures, and multi-vendor environments.

Tail-f’s innovative and talented team is also the thought leader around the development and implementation of the NETCONF protocol and YANG data modeling language, which is the leading industry approach to simplifying and automating networks. Tail-f also has an amazing team of talented engineers. Tail-f’s talent and technology, when added to our existing offerings, will enhance how Cisco addresses network orchestration and will help simplify and automate how physical and virtual networks are both provisioned and managed.

We couldn’t be more excited about the opportunity to continue driving leadership in cloud virtualization and orchestration with the addition of Tail-f. Stay tuned for more details in the weeks and months to come.  And welcome Tail-f!

 

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Cisco Announces Intent to Acquire ThreatGRID

For cyber attackers, and those who defend against them, the stakes could not be higher than they are right now.  There’s no question that security is a top priority for organizations and the threat landscape is more dynamic than ever. Given the explosion in the amount of information being created and exchanged, driven by mobility, cloud computing, and the Internet of Everything (IoE), the number of cyber attacks will continue to increase—and with greater speed and complexity. Companies need threat-centric security solutions to address the full attack continuum – before, during, and after an attack.

Today, I am pleased to announce Cisco’s intent to acquire ThreatGRID, headquartered in New York, NY. ThreatGRID offers dynamic malware analysis and threat intelligence technology, both on-premise and in the cloud. This helps organizations and security teams defend proactively against and quickly respond to advanced cyber attacks and malware outbreaks.

The acquisition of ThreatGRID and its team of security innovators strengthen Cisco’s security strategy to deliver intelligent and comprehensive cybersecurity for the real world. ThreatGRID’s technology enhances Cisco’s Advanced Malware Protection (AMP) portfolio, originally developed by Sourcefire, acquired in 2013. ThreatGRID’s on-premise products also expand our ability to help protect customers with in-house data retention requirements. AMP addresses our customers’ security needs from network to endpoint and delivers comprehensive malware-defeating capabilities, including detection and blocking, continuous analysis and retrospective remediation of advanced threats. The combination of Cisco and ThreatGRID will enhance our already strong capabilities to aggregate and correlate data to identify advanced and evasive cyber threats and provide intelligent cybersecurity solutions for the real world.

Mergers and acquisitions (M&A) and investments are a key part of our innovation strategy that includes build, buy, partner, and integrate. This acquisition further supports Cisco’s priority to deliver innovative security offerings and to be the number one IT company, and security partner, to our customers. The acquisition is expected to close in the fourth quarter of fiscal year 2014. We are very excited to welcome ThreatGRID’s outstanding team and technology to Cisco.

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There is No Limit to Innovation

There is no limit to innovation.  Cisco has embraced that idea for more than three decades with our build, buy, partner and integrate growth strategy.  Part of that strategy is investing in order to gain insights and drive new innovation.  True to that spirit, we have just announced the next evolution of the Cisco Investments[1] platform and a set of investments in support of an exciting new investment theme. These announcements build upon the foundation of our current $2 billion investment portfolio, which fuels innovations across many domains and geographies.

In addition to our primary strategic investment activity, we are also allocating $150 million in theme-based investments over the next three years to explore new, disruptive markets, including: big data/analytics, Internet of Things (IoT), connected mobility, advanced storage, silicon, content technology ecosystem, and India innovation. The $150 million in funding builds on our previously announced $100 million plan to invest in IoE-focused starts ups and funds.

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Cisco Investments Shape the Disruptions that will Define Tomorrow’s World

It’s impossible to predict the future, especially when it comes to the impact of technology on our lives.  This has been true since the time of the very earliest human inventions, and in the modern era, we no longer need decades and multiple generations to see these changes; they are immediate and have the power to transform single generations many times over.  Just consider how the personal computer, Internet, email, and mobile devices have changed our lives time and again. These innovations, taken alone, are extraordinary.  However, the power they have unlocked by coinciding in time and the profound consequences of connecting people, places, and things—Everything—makes the potential of the future both unpredictable and boundless.

The ability for any company to stay well ahead of disruptions—whether to defend their own markets or to expand into others—is extremely difficult.  And it is nearly impossible to do so consistently.  This is because the nature of the innovation, the context, time or market in which it lives, as well as its cost, all play a role in whether it takes seed and matures.  The better you can understand the factors that may make a lasting crop, the smarter you can be in choosing what field of soil to till, under what conditions to plant seeds and when the best time is to do either.  This really amounts to making the best and most educated bets you can.  In practical terms, these wagers can range from choosing the right customers to pursue to determining where you invest precious resources.

Some companies, including Cisco, have adopted robust build, buy and partner models to keep ahead of the market and inevitable disruptions that pose both threats to current market positions as well as offer powerful tools to enter into new markets.  For Cisco, having an additional lens to help see factors a little better in order to make smarter bets, has long been part of the Cisco Investments approach.  Putting capital to work through equity investments in start-ups and funds has helped to improve illusive visibility that can make the difference to catching critical market transitions—or missing them. Insights learned through equity investments into young and interesting companies on the bleeding edge of change helps Cisco gain valuable understanding of market trends, assess and develop better partnerships as well as strengthen relationships with other investors and partners that complement our M&A and organic development efforts.

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