Network specialists Cisco have entered into acquisition proceedings for Cloupia, in a deal expected to be worth €125million.

Cloupia provides automating datacentre hardware, the patented technology will be added to Cisco’s increasing software portfolio.

The acquisition is the very latest of a series of high profile buy-outs by Cisco and is the 8th company takeover in 2012. The deal is expected to be finalised by the second-quarter of 2013.