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Cisco To Acquire CloudLock For $293 Million

Rich Abott By
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Cisco To Acquire CloudLock For $293 Million

Cisco [CSCO] intends to acquire cloud security firm CloudLock Inc. for $293 million, Cisco said Tuesday.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 understand…

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