Cmpute.io 47Line Technologies
Owners:
Cisco Systems
Owners
2017: Cisco intends to purchase Cmpute.io company
In December, 2017 it became known that Cisco intends to purchase Cmpute.io company which is also known as 47Line to Technologies. Within multicloud strategy customers need to change approaches to budget making, purchases and consumption. In combination with existing solutions of Cisco the Cmpute.io technology will help to optimize consumption of cloud resources and to provide the maximum business value.
The Cmpute.io group, using the technologies created by the company, will continue work on development of Cisco CloudCenter and will accelerate creation of functions of cost optimization necessary for customers.
It is going to close the deal in the second quarter 2018 financial year.