Cisco

Computer networking equipment giant Cisco Systems Inc. announced its intention to buy privately-held software company newScale Inc., a provider of self-service management software for enterprise IT and cloud computing. This move will help Cisco to expand its offerings in cloud computing. Based in San Mateo in the U.S. state of California, newScale provides software that delivers a service catalog and self-service portal for information technology (IT) organizations to select and quickly deploy cloud services within their businesses.