
Cisco said it plans to acquire Viptela, a software-defined wide area network (SD-WAN) company based in San Jose, for USD 610 million in cash. The company said the deal will extend its own SD-WAN portfolio with increased functionality and simplicity delivered through the cloud, and help it develop new SD-WAN systems, combining Viptela's cloud first network management, orchestration and overlay technologies with Cisco’s routing platforms, services, and SD-WAN capabilities from Cisco.
The Viptela team will join the Enterprise Routing team within the Networking and Security Business led by senior vice president David Goeckeler. After the acquisition closes, Viptela and Cisco engineering teams will work closely together.
The transaction is expected to close in the second half of this year, after having completed all of the customary closing conditions and regulatory review.