Skyport Systems had raised $67m in funding from investors including Cisco Investments and was valued at $245m as of 2016.

Networking equipment maker Cisco has agreed to acquire Skyport Systems, a US-based hyperconverged infrastructure technology provider that is also one of its portfolio companies, it said on Wednesday.

Cisco did not disclose how much it would pay for Skyport, which has raised $67m in venture capital from an investor base that also includes GV and Intel Capital, respective subsidiaries of internet and technology group Alphabet and semiconductor producer Intel.

Skyport has developed a hyperconverged system that streamlines the creation, management…

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