- Still hungry to grow its software/services exposure via M&A, Cisco (NASDAQ: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).
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CliQr's platform lets users create a single profile for deploying an app across multiple environments and server types, optimizes app performance and ensures consistent policies across locations, and provides a common interface for managing cloud environments, apps, and users. Cisco notes CliQr's products are already integrated with its ACI SDN/network virtualization platform and its UCS server line, and plans to further integrate them with the company's data product lineup.
- VMware, Red Hat, and IBM are among the other firms to have shown an interest in cloud orchestration. News of the deal comes eight months after Cisco announced it's buying cloud service management software firm Piston Cloud Computing. A month ago, the company announced it's spending $1.4B+ to buy major IoT service provider Jasper Technologies.