Tuesday, June 28, 2016

Cisco Buys CloudLock

San Jose-based Cisco said this morning that it has agreed to acquire CloudLock, a developer of cloud security technology, in a deal worth $293M in cash. CloudLock was based in Waltham, Massachusetts, and develops cloud access security broker (CASB) technology. Cisco said CloudLock will help enhance its security portfolio. CloudLock and its team becomes part of Cisco's Networking and Security Business Group.