Cisco's Tidal Software ERP Deal to Boost Reseller-Led Services

 
 
By Jessica Davis  |  Posted 2009-04-10 Email Print this article Print
 
 
 
 
 
 
 

Cisco believes Tidal Software's automation software will make it easier for solution providers to deliver Cisco professional services to end users.

Cisco plans to acquire privately-held Tidal Software, a maker of application management and automation software, paying about $105 million in cash plus retention-based incentives.

Cisco says that the acquisition will create significant opportunities for both Cisco and its partners through the delivery of partner-led services that leverage Cisco's application management capabilities.

Although privately-held, Tidal Software says that in the quarter ended Dec. 31, 2009, its professional services and maintenance revenues had climbed significantly, growing by 26 percent over the same period a year earlier.

>> Click here to read the full report

 
 
 
 
Jessica Davis covers the channel for eWeek and Channel Insider. Her technology journalism career began well before anyone heard of the World Wide Web and has included stints at Infoworld, Electronic News/EDN, and the Philadelphia Business Journal. Her work has also appeared on CNN and Forbes.com. She has covered hardware, software and networking, as well as the business side of technology. She has won several journalism awards, including a national ASBPE award for best staff-written column, and was named Marketing Computers hardest working tech journalist on their inaugural list of top tech journalists. Jessica can be reached at jessica.davis@ziffdavisenterprise.com
 
 
 
 
 
 
 

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