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Cisco To Acquire CloudLock For $293 Million

Wednesday, July 13th, 2016

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Cisco [CSCO] intends to acquire cloud security firm CloudLock Inc. for $293 million, Cisco said June 28.CloudLock specializes in cloud access security broker (CASB) technology that provides enterprises with visibility and analytics around user behavior and sensitive data in cloud services. The services includes Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS).CloudLock helps customers speed up cloud adoption by delivering security built to meet cloud-first enterprises and the CASB technology helps customers…

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