The global tech giant Cisco will buy Cmpute.io to strengthen its cloud offerings. Cmpute.io is a privately-held company in Bengaluru.
According to Cisco, "To help our customers optimise the consumption of cloud resources in this more complex reality and control cloud spending, Cisco is announcing our intent to acquire Cmpute.io, also known as 47Line Technologies. We expect the acquisition of Cmpute.io to close in the second quarter of Cisco's fiscal year 2018."
As a matter of fact, Cmpute.io's software solution analyses cloud-deployed workloads and consumption patterns, and identifies cost- optimisation strategies. It helps customers right-size their cloud workload instances and avoid paying for resources that do not deliver business value.
As a matter of fact, Cmpute.io's software solution analyses cloud-deployed workloads and consumption patterns, and identifies cost- optimisation strategies. It helps customers right-size their cloud workload instances and avoid paying for resources that do not deliver business value.
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