Cisco bolsters analytics clout with Saggezza buy

Cisco kept the checkbook open by making a second purchase in less than a week, this time grabbing the analytics and data science technology from Saggezza for an undisclosed amount.

On May 1 Cisco padded its SD-WAN portfolio with SD-WAN player Viptela for $610 million.

Saggezza is a privately held company founded in 2006. The name Saggezza derives from the Latin word for wisdom, or insight, according to the company’s website. It’s products, TruVantage – aimed at financial institutions and Lube Insights – a cloud-based application offer data analytics support for IT operations, visualization applications and business process optimization.

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Source: http://www.cio.com

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