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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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Seeking Alpha: Cisco paying $260M+ to buy cloud app management software firm

Still hungry to grow its software/services exposure via M&A, Cisco (CSCO +0.5%) is buying CliQr Technologies, a provider of software for orchestrating app deployment and management across data centers and public/private clouds, for $260M in cash and assumed equity awards, plus retention-based incentives. The deal is expected to close in FQ3 (the April quarter).

To read more, see the full article at Seeking Alpha

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