I am proud to share that today Cisco announced its intent to acquire Springpath, Inc., a leader in hyperconvergence software based in Sunnyvale, Calif.
Cisco first made an investment in Springpath in 2015. A year later, we jointly co-engineered and developed Cisco HyperFlex Systems, a fully-integrated hyperconverged infrastructure (HCI) solution. Combining Springpath’s distributed file system designed specifically for HCI with the industry-leading Cisco Unified Computing Systems platform resulted in the first deeply optimized hyperconverged solution for our customers. Customers finally got a hyperconvergence solution with much greater operational simplicity, significantly better user interface, and highly flexible and policy-driven scaling.
HyperFlex is the hyperconverged platform of choice for 1800+ customers across a multitude of industries around the globe. The unique approach Cisco has taken to HCI has resulted in the industry’s highest performing HCI system. This has allowed our customers to bring the simplicity of hyperconvergence to mission-critical applications in their data center. In addition, integration with other Cisco assets helps bring the simplicity of hyperconvergence into edge and Remote and Branch Office (ROBO) locations in their operational footprint.
The acquisition of Springpath is strategic to our Data Center portfolio as we transition to delivering software-centric solutions to our customers. As one team, I am excited for the synergistic possibilities ahead to redefine hyperconvergence further and deliver seamless multicloud experiences for our customers. This acquisition will further fuel the incredible momentum we have seen in the adoption and deployment of this solution over the last several quarters.
I look forward to welcoming the Springpath team to Cisco’s Computing Systems Product Group. We expect the acquisition to be completed in the first quarter of fiscal year 2018.