Cloud-networking technology provider Big Switch Networks had raised more than $120m from investors including Dell Technologies Capital, Intel Capital and Accton.
Cloud-networking software producer Arista Networks has paid an undisclosed amount to acquire US-based peer Big Switch Networks, allowing computing equipment maker Dell and semiconductor technology producer Intel to exit, SDX reported on Wednesday.
Big Switch provides technology that supports public, enterprise and multi-cloud environments, facilitating data centre-switching, monitoring and security. Its co-founders included members of the Stanford University team that invented software-defined networking.
Although Arista was the successful bidder, it beat out a number of prospective buyers including Dell, one…