ACCORDING INKS CLOUD OF CISCO SALES WITH PIVOTAL
Cisco Systems Inc (CSCO.ON) concluded an agreement with Pivotal Software Inc. to provide products to each other in the field of cloud, a sign of the giant network company seeks to work with others in their attempt to build its presence in one of the fastest -growing areas of computing.
The agreement, which was later announced Tuesday, means that the two companies will jointly distribute Pivotal Cloud Foundry, which helps developers build and run the software in the cloud, and Cisco Metapod, a service that helps companies make their the data centers with more cloud-friendly.
Pivot service enables enterprises to deploy a free, but difficult to use open source technologies also called Cloud Foundry, as the free operating system known as Linux usually requires the services of a consultant to Red Hat Inc. RHN.N
Pivotal Cloud Foundry competes with services like (IBM.N) and IBM bluemix (HPE.N) HP Enterprise Helion, while competing with Mirantis Metapod.
The so-called cloud has become a generic term for the rapid delivery of data over the Internet, often by sharing IT resources with other companies.
While growing the core business of switches and routers from Cisco, slowed in part because customers are turning to technology that is based more on software than hardware, businesses sought in new areas such as cloud, often through acquisitions.
It is not known if Cisco will be able to expand its new cloud-based offering at a fairly high rate to compensate for the weaknesses of their craft heart.
In 2014, Cisco has sold most of its interest in a partnership to provide the material of the cloud with EMC Corp (EMC.N) and virtualization of the majority by the company EMC VMware Inc VMN.N. EMC is the majority owner of Pivotal, which left the storage giant in 2013.
Prior to the recent turbulence in global stock markets, Pivotal was considered a strong candidate to hold an initial public offering this year.
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