San Jose, CA-based Cisco Systems (NASDAQ: [[ticker: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.
Author: Erin Kutz
Erin Kutz has a background in covering business, politics and general news. She holds a bachelor’s degree in journalism from Boston University. Erin previously worked in the Boston bureau of Reuters, where she wrote articles on the investment management and mutual fund industries. While in college, she researched for USA Today reporter Jayne O’Donnell’s book, Gen Buy: How Tweens, Teens and Twenty-Somethings Are Revolutionizing Retail. She also spent a semester in Washington, DC, reporting Capitol Hill stories as a correspondent for two Connecticut newspapers and interning in the Money section of USA Today, where she assisted with coverage on the retail and small business beats. Erin got her first taste of reporting at Boston University’s independent student newspaper, as a city section reporter and fact checker and editor of the paper’s weekly business section.
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