The deal, to be worth about $4 billion, would help Cisco Inc., which makes software that helps businesses manage data and other information and has a market value of about $19 billion.
Cisco Chief Executive John Chambers and his partner in the deal, Oracle Corp., are already at work on a new software suite.
Cisco is one of several technology companies that have been aggressively exploring the potential for a deal.
While the companies are seeking to develop the software to power Internet of Things devices, there is also potential to integrate Cisco products into the cloud, and in the past they have also been working on applications that could serve as a base for new business models.
The new Cisco software would be used in cloud-based systems that allow customers to connect data from a variety of sources, including businesses and individuals, such as government agencies.
Cisco said the software would run on Linux, the Linux operating system developed by Microsoft Corp. and other large software companies.
Cisco software will be used to make software and services for business.
The software would help organizations manage data, including in the cloud.
“We’re thrilled to be partnering with Cisco on this acquisition,” Oracle CEO Safra Catz said in a statement.
“This software will make the world a better place and help businesses manage the vast amount of data in our data centers.”
The software could help organizations build cloud-ready applications and services, which could then be used across the world.
The Cisco deal is expected to close by the end of the year, and Cisco expects to spend about $400 million on the deal.
The company is working with the U.S. Federal Trade Commission to help it develop the application and to help integrate the software with Cisco’s cloud infrastructure.
The Federal Trade Commision is a consumer protection agency that oversees intellectual property rights and disputes related to products and services sold by companies.
Cisco is the only company that has an operating business in the United States, and Chambers said the company’s technology has a “major impact” on the business of the United State’s government.
“The technology that we have built is the future of the U of S,” Chambers said in an interview.
The technology, he said, will help the government improve its information-centric operations, which include its cybersecurity.
“Cisco has created a tremendous amount of innovation in cybersecurity and we are proud of that,” Chambers added.
The deal is likely to have a significant impact on the U-S.
government’s ability to operate.
The government has been struggling to attract more companies to its cloud business, as many large organizations have struggled to attract customers to their networks, and it has also struggled to find a way to provide software for the new cloud technology.
Cisco’s acquisition would add to Cisco’s efforts to attract companies that will use the cloud for more than just a cloud service, according to the company.
Oracle is building its own cloud software that is designed to run on Windows, Linux, OS X and other operating systems, according a company blog post.
Oracle said in the post that it would use the Cisco deal to create new business services for the U in the form of “cloud-native apps and services.”
Chenz said the deal was made possible by the company helping to fund the acquisition, as well as the government’s willingness to work with Cisco to develop software to enable the cloud to work more efficiently.
“We believe this will open the doors for Cisco to help U. S. government agencies and business with critical cloud services,” Chenz said.
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