(MENAFN) US-based Cisco Systems said that it plans to invest USD1 billion to develop it cloud computing with several global partners, Saudi Gazette reported
Cisco's partners include Australia's Telstra, Canadian business communications provider Allstream, European cloud company Canopy and global IT outsourcing company Wipro Ltd. of India
The company said that the alliance would help to establish the "the world's largest global Intercloud"
President of development and sales at Cisco said: "Customers, providers and channel partners alike are turning to Cisco to create open and highly secure hybrid cloud environments"
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