Cisco Acquires Piston Cloud Computing
Cisco announced their intent to acquire Piston Cloud Computing, a four-year old company offering OpenStack cloud distribution. The acquisition is intended to help improve product, delivery and operational capabilities of its Intercloud services. Cisco has also recently acquired Metacloud, a private cloud provider, for the same purpose as the Piston Cloud Computing acquisition.
Intercloud was launched in 2014 in an effort to create a connected cloud network. It is made up of the Intercloud Fabric (this allows workloads to be migrated among various public clouds) and the Application Centric Infrastructure software (automatically provisions resources depending on the workload). Intercloud is part of Cisco’s Data Center division that has seen rapid growth in recent years. In the 2014 Fiscal Year, divisional sales grew by 27% due to expansion in the company’s Unified Computing System products and cloud offerings.. This year they have grown by 25% so far.
Cisco currently has over 350 data centers around the world, as well as partnerships with companies such as Microsoft, Telestra, Johnson Controls, Wipro and Red Hat. These partnerships are to expand their infrastructure-as-a-service offerings and speed up their Internet of Everything concept. Intercloud uses Cisco’s Application Centric Infrastructure to improve application performance and security.
Cisco has stated that they plan to spend $1 billion over the next two years expanding their cloud business. They also estimate that their Internet of Everything market to be worth $19 trillion in the next 10 years.