Cisco (Nasdaq:CSCO) Partners with BMC Software (Nasdaq:BMC)

Cisco (Nasdaq:CSCO) and BMC Software (Nasdaq:BMC) have reportedly formed an alliance in order to develop and market cloud computing solutions for large-scale multi-tenant infrastructures.

Bob Beauchamp, chairman and chief executive officer at BMC Software, said in a press release, "As cloud computing evolves from a strategic idea to a business reality, companies are quickly discovering the complexities of deploying and managing cloud solutions in a hybrid data center. BMC's alliance with Cisco will enable our customers with large-scale cloud computing environments to make mission-critical cloud services a practical reality for their demanding businesses and customers. IT organizations can be more nimble, cost-efficient, scalable, and, most importantly, better aligned to the business."

One of the benefits will be the empowerment of companies to eliminate some of the complexities of the process to set up a cloud computing service, which in many cases are manual steps at this time.

Also part of the agreement will have Cisco reselling BMC's Service Assurance and Compliance solutions as an option on the Cisco Unified Computing System.

BMC closed Tuesday at $45.96, up by $0.23, or 0.50 percent. Cisco closed the day at $19.39, down $0.04, or 0.19 percent.