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March 1, 2016 02:35 pm GMT
Some more consolidation underway in the world of enterprise cloud services, and specifically in the areaof hybrid cloud. Today Cisco announced that it is buyingCliQr, a provider of applicationmanagement solutions for hybrid cloud environments, for $260 million in cash and equity awards.The deal, which is expected to close in Q3 of this year, will see the CliQr team become a part of… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Bde7R8Jxl4w/
Cisco is buying CliQr for $260M to expand its hybrid cloud management solutions
Some more consolidation underway in the world of enterprise cloud services, and specifically in the areaof hybrid cloud. Today Cisco announced that it is buyingCliQr, a provider of applicationmanagement solutions for hybrid cloud environments, for $260 million in cash and equity awards.The deal, which is expected to close in Q3 of this year, will see the CliQr team become a part of… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/Bde7R8Jxl4w/
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