Cisco Systems declined comment today about a media report that Network Appliance could be acquiring use of three unoccupied buildings from Cisco in RTP and bringing as many as 1,500 jobs to North Carolina.
The Triangle Business Journal reported that a decision could be announced as soon as Tuesday.
“We do not comment on rumer and speculation,” Joe Freddoso, director of operations for Cisco in RTP, told Local Tech Wire.
“Cisco continually evaluates its real estate holdings,” he added. “For RTP, if there was an opportunity to sell unoccupied buildings in a logical grouping and it would help bring job growth to the area, Cisco would definitely consider that option.”
TBJ said an announcement could come as soon as Tuesday when a state panel charged with approving job recruitment tax credits and incentives meets.
Network Appliance is a major player in the data storage sector, focusing on storage area networks and network attached storage. The firm’s major competitors include EMC, which has a facility in the Triangle region, and IBM.
Cisco and Network Appliance are also partners, having recently concluded a deal in which Network Appliance became a Cisco reseller.
The company (Nasdaq: NTAP) reported $1.17 billion in revenues in its most recent fiscal year, an increase of 31 percent.
Network Appliance: www.netapp.com
Cisco: www.cisco.com
