Cisco to Acquire CliQr for $260M to Expand Hybrid Cloud Management Portfolio

Cisco to Acquire CliQr for $260M to Expand Hybrid Cloud Management Portfolio Image Credit: CliQr

Cisco announced its intention to aquire CliQr Technologies for a sum of $260 millionto expand hybrid cloud management portfolio. The CliQr team will join Cisco's Insieme Business Unit reporting to Prem Jain, senior vice president and general manager. 

CliQr is a privately held company based in San Jose that helps customers to simplify and accelerate their private, public and hybrid cloud deployments. CliQr provides an application-defined cloud orchestration platform to model, deploy and manage applications across bare metal, virtualized and container environments. 

CliQr is already integrated with a number of Cisco's data center switching and cloud solutions, including Cisco's Application Centric Infrastructure (ACI) and Unified Computing System (UCS), said the company.

Rob Salvagno, Vice President, Cisco Corporate Development
Customers today have to manage a massive number of complex and different applications across many clouds. With CliQr, Cisco will be able to help our customers realize the promise of the cloud and easily manage the lifecycle of their applications on any hybrid cloud environment.

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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