Cisco has made an equity investment of undisclosed value in global hosting and cloud services enablement company Parallels. The investment is intended to support joint activities to deliver cloud service delivery capabilities and to accelerate customer adoption of Parallels cloud service delivery products with Cisco cloud and data centre infrastructure equipment.
The two companies will expand joint development, marketing and industry initiatives. Cisco vice president of corporate business development Hilton Romanski said the company was excited about Parallels’ global presence, including its operations in Russia. He added that the companies would focus on offering a more efficient and easier-to-use cloud services delivery model.
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.
We have been keeping professionals in the telecoms industry up-to-date since 2000. Telecompaper is a well respected, independent research and publishing company focussed on the telecommunications industry.
3995 AA Houten
Phone: +31 30 6349600
Fax: +31 30 6349699
© 2000 - 2015 Telecom.paper BV. All rights reserved.
Telecompaper is a trademark of Telecom.paper BV. No part of this site can be reproduced without
the expressed permission of Telecom.paper BV. Our General Terms and Conditions can be found here.
Terms and Conditions