Cisco grabs-up SD-WAN player Viptela for $610M
Summary
The deal will be a homecoming for Viptela’s top execs as current CEO Praveen Akkiraju is a former Cisco and Dell EMC. Viptela will join the Enterprise Routing team within Cisco’s Networking and Security Group led by Senior Vice President and General Manager David Goeckeler,” Salvagno wrote. Signed to be CEO this past January Akkiraju said at the time: “2017 will be the year of SD-WAN and we expect rapid adoption of the technology going forward. Akkiraju noted that Viptela hosts 90% of its software-defined wide area networking (SD-WAN) customers in Amazon Web Services (AWS). Viptela competes most closely with a band of fellow startups including VeloCloud, CloudGenix, Cybera, Versa and Talari as well as established venders such as Juniper, Riverbed Technology, Silver Peak and Citrix.
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