Cisco pulls out of another business

Cisco pulls out of another business:

  The networking titan no longer sell storage equipment had $ 415 million acquisition of storage Whiptail from 2013.

Cisco Systems continues to trim the fat before Chuck Robbins serves as CEO next week after longtime leader John Chambers is low.
Titan sell networking equipment and storage, an industry that, he has inherited from its acquisition of start storage Whiptail $ 415 million in 2013. The company will also sell a line of servers that have storage capacity, but not a product that is the only way to store data.
Analysts said the Wall Street Journal that the movement of equipment to sell Cisco storage at odds with some of its longstanding partners like EMC EMC -1.35% and -0.96% NTAP NetApp.
"Cisco is the priority elements of our portfolio to drive more value for our customers today and in the future, and today we announce the end of life (EOL) for products and appliances Scale Invicta system," said a spokesman the company told CRN.
The decision to launch the business is logical given Cisco CSCO 1.39% decoder just sold his company $ 600 million Thursday to remove a line on the less profitable products slip through the heart of the business network technology company.
On Monday, Robbins, Cisco senior vice president of field operations worldwide, will begin his first day at work as CEO. Cameras remain as president.