Parallels develops with Cisco

Parallels, a US-based hosting and cloud services company, has raised an undisclosed amount from computer equipment supplier Cisco.

The equity investment is intended to strengthen inter-company collaboration towards accelerating customer adoption of Parallels cloud service delivery products with Cisco cloud and data centre infrastructure, Parallels said.

Hilton Romanski, vice-president of corporate business development at Cisco and a member of the Global Corporate Venturing Powerlist 100, said: “In collaboration with Parallels, we are focused on offering a more efficient and easier-to-use…