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LineSider Technologies Inc., a Danvers company making network management software for cloud computing, has been acquired by Cisco Systems Inc. for an undisclosed amount.
While no details of the deal were released, Jesper Andersen, senior vice president of Cisco’s Network Management Technology Group, said that buying LineSider gives Cisco “a key component to helping customers make” the shift to operating in the cloud. Once the deal is closed, expected to happen in the second quarter of 2011, the LineSider team will become part of Cisco’s NMTG.
With LineSider’s OverDrive software, customers can provision and deploy numerous individual network components more easily, because the network resources have been moved into the cloud infrastructure.
LineSider was founded in 2004 by CEO Harley Stowell, who was also the founder of Charlestown-based LineSider Communications, a voice and data communications company acquired in 2005.
In 2008, LineSider reported a deal with 3Com Corp. of Marlborough that saw the companies integrating LineSider software with 3Com’s multiservice router platform. Last year, Hewlett Packard Co. bought 3Com for a total of approximately $2.7 billion in cash.
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