Cisco Systems To Acquire Tail-f Systems For $175 Million

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Cisco Systems To Acquire Tail-f Systems For $175 Million

Earlier today, Cisco Systems, Inc. (NASDAQ:CSCO) announced its intention to acquire Tail-f Systems, a provider of multi-vendor network service orchestration solutions for traditional and virtualized networks, for approximately $175 million in cash. Tail-f will also receive retention-based incentives in exchanges for all of its shares.