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CliQr's groundbreaking technology makes it fast and efficient for businesses to move, manage and secure applications onto any private, public or hybrid cloud environment.

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ChannelBiz: Cisco to acquire hybrid cloud management player CliQr for $260m

Cisco is acquiring CliQr Technologies for its application-defined cloud orchestration platform. CliQr’s technology is used to model, deploy and manage applications across bare metal, virtualised and container environments. Cisco will pay $260 million in cash and assumed equity awards for CliQr, plus retention based incentives. The acquisition is expected to close in the third quarter of fiscal year 2016.

To read more, see the full article at ChannelBiz

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