Arista Networks Inc. today announced it will acquire VeloCloud SD-WAN from Broadcom Inc., a deal that puts to bed ongoing reports that surfaced about six weeks ago. The purchase, for which a price wasn’t given but was reportedly about $1 billion, gives Arista a best-in-class software-defined wide-area network solution to complement its current high-end 7000 series router which run the Cloud EOS operating system. VeloCloud has a wide range of cloud-managed SD-WAN offerings with integrated security enabling Arista to reach another tier of customer.

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Arista acquires VeloCloud from Broadcom and Todd Nightingale joins as president and COO