Cisco has declared plans to obtain Hungarian container security startup Banzai Cloud, as the networking huge seems to further extend its portfolio of cloud-native systems.
The deal is envisioned to near at the close of this quarter for an undisclosed sum and follows incredibly hot on the heels of Cisco’s takeover of cloud-native security organization Portshift back again in October.
Established in 2017, Budapest-based Banzai Cloud features a Kubernetes-based system that is made to assistance firms produce and deploy cloud-native applications.
The firm’s property and workers will now develop into part of Cisco’s Rising Technologies and Incubation team, which focuses on incubating new tasks for cloud-native networking, security and edge computing environments for fashionable dispersed apps.
In a blog article, Liz Centoni, SVP of Cisco’s Rising Systems and Incubation group, discussed that the transfer would help the business handle the troubles presented by modern-day cloud-indigenous apps and their environments.
“This team has shown working experience with entire conclude-to-end cloud-native software progress, deployment, runtime and security workflows,” Centoni stated.
“They have developed and deployed software package resources that remedy critical authentic-earth suffering details and are lively contributors in the open-resource local community as sponsors, contributors and maintainers of quite a few open-resource assignments.”
The acquisition is the latest move in Cisco’s push to increase its cloud security portfolio, subsequent its acquisition of Israeli startup Portshift very last thirty day period for a reported $100 million.
The Tel-Aviv-primarily based business delivers a Kubernetes-dependent platform to safe containers and serverless programs and will also drop less than Cisco’s Emerging Technologies and Incubation umbrella.
“These two cross-border acquisitions are a testomony to the globalisation of the cloud-native ecosystem and underscore our motivation to hybrid, multi-cloud software-first infrastructure as the de facto method of working IT,” Centoni additional.
“The Rising Systems and Incubation team’s mission is to incubate impactful systems and to attract, foster and mature the global expertise required to drive innovation and guidance our customers’ digital transformation initiatives.”
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