Cisco has announced its intent to acquire privately held Metacloud, a cloud hosting provider based in Pasadena, California. Metacloud deploys and operates private clouds for global organizations with a unique OpenStack-as-a-Service model that delivers and remotely operates production-ready private clouds in a customer’s data center.
Metacloud’s OpenStack-based cloud platform will accelerate Cisco’s strategy to build a global Intercloud, a network of cloud hosting environments, together with key partners. Since announcing its Intercloud strategy in March, Cisco would have made rapid progress, enlisting key technology partners, service and cloud hosting providers, all of whom are standardizing upon the Cisco Cloud Services architecture, which is based on OpenStack open source software for building private and public clouds.
Upon completion of the acquisition, Metacloud employees will join Cisco’s Cloud Infrastructure and Managed Services organization. The acquisition of Metacloud is expected to be complete in the first quarter of fiscal year 2015, subject to customary closing conditions. Financial terms of the deal were not disclosed.
Cisco’s acquisition of Metacloud’s remote managed OpenStack Private Cloud-as-a-Service platform will play an increasingly important role in accelerating Cisco customers’ journey to the cloud, enabling enterprises to match the as-a-Service operational benefits of public cloud with the security and control provided by private cloud. Metacloud also will allow service providers to combine their public cloud hosting deployments with remotely managed OpenStack private clouds, and to deliver unique Intercloud offerings to their customers.
“To enable greater business agility and lower costs, organizations are shifting from an on-premise IT structure to hybrid IT – a mix of private cloud, public cloud, and on-premise applications,” said Hilton Romanski, senior vice president, Cisco Corporate Development. “The resulting silos present a challenge to IT administrators, as choice, visibility, data sovereignty and protection in this world of many clouds requires an open platform. We believe Metacloud’s technology will play a critical role in enabling our customers to experience a seamless journey to a new world of many clouds, providing choice, flexibility, and data governance.”