Cisco Acquires CliQr Technologies for $260,000,000

  • Feed Type
  • Date
    3/1/2016
  • Company Name
    CliQr Technologies
  • Mailing Address
    3255-1 Scott Blvd Santa Clara, CA 95054 USA
  • Company Description
    CliQr Technologies is setting the stage for the next generation of cloud computing. CliQr enables existing business applications to fluidly move to and between any private, public or hybrid cloud without migration time and expense.
  • Website
    http://www.cliqr.com
  • Transaction Type
    M&A
  • Transaction Amount
    $260,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    Cisco will pay $260 million in cash and assumed equity awards, plus retention based incentives.

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