Cisco Seals Deal for Storage Switch Maker

Networking company finished its acquisition of storage startup Andiamo Systems.

Cisco Systems Inc. in late February closed its purchase of Andiamo Systems, paying $750 million for the storage switch maker some 18 months after it agreed to acquire it.

Cisco, which already owned 44 percent of Andiamo, spent the last year blending the firms assets, which are designed for high-end storage applications for large data centers, with its own IP storage products.

Read the full story