Cisco Partner Summit 2008 -- Cisco(R) (NASDAQ: CSCO) today announced its intent to purchase the remaining 20 percent interest in San Jose-based Nuova Systems, a start up focused on the development of next-generation products for the data center market. Cisco today also introduced the Cisco Nexus 5000 Series, the first product developed by Nuova. The Cisco Nexus 5000 is a 10 Gigabit Ethernet "top-of-rack" switch that offers unified fabric capabilities through the support for multiple data center networking protocols and software intelligence (Refer to related press release).
Prior to the acquisition, Nuova operated as a majority-owned subsidiary of Cisco,
Prior to the acquisition, Nuova operated as a majority-owned subsidiary of Cisco,
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