Deals
Cisco to Buy Cloud Management Provider Cliqr for $260 Million
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Cisco Systems Inc., the largest maker of networking equipment, said it will acquire closely held Cliqr Technologies Inc., bolstering its offerings in the market for cloud computing management software and services.
Cliqr gives its customers the ability to control and analyze their software and data on their own servers, or if they rent space from public cloud providers such as Amazon.com Inc. Cisco will pay about $260 million for the 100-employee company, said Chief Executive Officer Chuck Robbins.