Cisco to buy cloud startup CliQr for $260 mln
Cisco on Tuesday announced its intent to buy cloud management startup CliQr Technologies Inc for $260 million. Santa Clara-based CliQr makes software that allows companies to inter-operate between private, public and hybrid cloud environments. In an April blog post, the company said it had raised $38 million to date from backers including Polaris Partners, Foundation Capital, Google Ventures and TransLink Capital.The company was founded in 2010 by two former VMWare executives.
2 March 2016•1 min read
