Silicon Beat: Cisco buying cloud startup CliQr for $260 million
Cisco is buying San Jose startup CliQr Technologies for $260 million as it continues to boost its cloud offerings, the San Jose networking company said Tuesday. CliQr was started in 2010 by a couple of former VMware engineers. It makes cloud-management software for companies that are on the hybrid cloud — public and private. A company blog post from April 2015 said it had raised $38 million to date from backers such as Polaris Partners, Foundation Capital, Google Ventures and TransLink Capital.
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