Cisco To Buy Tidal Software for $105 Million
Cisco has agreed to buy Tidal Software Inc., a Palo Alto, Calif.-based maker of intelligent application management and automation solutions. The deal is valued at approximately $105 million in cash and retention-based incentives. Tidal Software raised around $18 million in VC funding between 1998 and 2001, from firms like Novus Ventures, JPMorgan Partners (now managed by Panorama Capital) and VantagePoint Venture Partners.
9 April 2009•2 mins read
