By Gaurav Manglik, Co-Founder & CEO
CliQr plays a key role in the cloud management market by transforming the way enterprises model, deploy and manage the entire lifecycle of applications onto any data center or private or public cloud environments. According to Jonathan Vanian of Fortune Magazine, “cloud management software, like what CliQr sells, is a hot commodity among companies looking to save money by being more flexible about their data center operations than being locked into a single vendor.”
CliQr and Cisco share a common vision and great product synergy that drives application relevancy throughout disparate and ever-changing IT environments. For the past five years, we have been closely collaborating on solutions that help global enterprise customers manage their transition to today’s hybrid IT environments, for which IDC predicts will rise in spending from $38.2 billion in 2016 to $57.8 in 2020.
Based on our experiences with joint customers, we realized that CliQr and Cisco are better together, and Cisco announced the intent to acquire CliQr on March 1. It is with tremendous pleasure that we officially join Cisco today. We look forward to combining our expertise to make an even bigger impact in driving efficiencies, security and management for customers’ hybrid cloud IT environments.
Read more about the close of the acquisition on Cisco’s blog.