Parallels said earlier today that Cisco has made an equity investment in the company that supports joint go-to-market activities to deliver cloud service delivery capabilities.
According to a press release issues by Parallels this morning, the investment is intended to strengthen inter-company collaboration towards accelerating customer adoption of Parallels cloud service delivery products with Cisco cloud and data center infrastructure solutions. As part of the investment, Parallels and Cisco also agreed to expand joint development, marketing and industry initiatives.
The announcement comes just a few weeks prior to the Parallels Summit, which Harrybbb will be attending next month at Caesar’s Palace in Las Vegas.
“Parallels is committed to enabling our service provider customers to offer the most comprehensive, seamless and flexible set of cloud services for their SMB end-users,” Birger Steen, CEO, Parallels, said in a media statement. “By strengthening our collaboration with Cisco, Parallels is focused on accelerating its growth and offering an end-to-end solution for cloud service providers.”