Cisco announced yesterday that it intends to acquire SolveDirect, a Vienna, Austria-based company focusing on cloud-delivered services management software and services. The intent to acquire SolveDirect was mentioned in a blog post yesterday by Hilton Romanowski, Cisco’s head of corporate business development.
“The move towards multi-sourcing and cloud services is accelerating the development of large ecosystems of companies – from enterprise IT and manufacturing, to SaaS providers – that need to share data in a secure and scalable way,” Romanowski writes in his blog posted yesterday on the Cisco Web site. “Most of the interactions between these service partners today require manual effort, growing cost and complexity for an organization as their number of service partners grows. SolveDirect’s cloud-based solutions offer enterprises and service providers a flexible way to integrate with service partners, and automate sharing of processes, data, and workflows in real-time by eliminating manual practices and bottlenecks, driving significant operational efficiencies.
Romanowski further added that the new partnership, featuring SolveDirect’s capabilities, will enable Cisco to extend its portfolio of smart and connected IT services to its global ecosystem of customers, partners and resellers.
According to the blog post, the SolveDirect team will join the Cisco Services team, and will be led by Mala Anand, senior vice president, Cisco Services Platforms Group; the acquisition is expected be completed during Cisco’s Q4 2013 fiscal year.