Tag Archives: Cisco

Cisco acquires CloudLock


In a move to strengthen its security unit, Cisco Systems announced today its plans to acquire CloudLock for $293 million. CloudLock provides Cloud Access Security Broker (CASB) technology, which is a set of cloud security solutions. The solutions provide an integral layer of cloud cybersecurity centering around visibility, compliance, data security and threat protection. CloudLock empowers companies to monitor their employees that use public cloud applications like ServiceNow, Salesforce, Dropbox and Google apps. As more users use public cloud, sensitive company data can be moved to the public cloud and be made vulnerable to theft or leakage. CloudLock provides a single security dashboard that reports all security incidents across multiple SaaS applications simultaneously and offers a range of solutions including the CloudLock Selective Encryption™, the world’s first purely cloud-based, content-aware, intelligent AES 256-bit encryption solution. It allows enterprises to protect their sensitive data stored across multiple SaaS and public cloud platforms.

Cisco Acquires CliQr

After its recent $1.4 billion acquisition of Jasper Technologies, Cisco Systems continues its buying spree by acquiring CliQr. CliQr is a Santa Clara, California-based provider of hybrid cloud migration and management solutions and the deal is valued at $260 million. The startup provides companies with a single platform to manage applications on their own servers, as well as external cloud services. Cisco has been criticised in the past for being slow to adopt cloud, but now the networking giant is catching up and has been aggressively buying smaller startups to boost its cloud computing business. The acquisition of CliQr came at a time when enterprises are taking on a hybrid approach to software management by using on-premises, private cloud and third-party, public cloud services servers to run their IT. Instead of offering its own on-demand cloud computing service, Cisco’s strategy is to offer CliQr as an intermediary between companies and cloud service providers. This way, CliQr can help companies simplify their data centre infrastructure, improve performance and lower costs.

A very big deal

This week, Cisco announced its acquisition of Jasper Technologies for $1.4 billion. Jasper, also known as a Fortune unicorn, is a leader in the IoT service platform market. With Jasper, businesses can embed connectivity into industrial devices, enterprise smartphones and tablets, as well as consumer electronics. The connectivity allows businesses to deliver a wide range of IoT services and unlock new revenue. The company counts Coca-Cola, GE, Nissan, AT&T, Telefonica and Starbucks as some its clients. The acquisition complements Cisco’s IoT strategy perfectly. The deal allows Jasper to expand its technology to a much larger scale while giving Cisco an excellent head start into the IoT market, which is predicted to be worth $6.2 trillion by 2025. Analysts consider this deal to be a brilliant move and it will help solidify the company’s position in the growing IoT industry.

Top 20 North American Deals for December 2015


Deal No. Amount Paid (USD) Company Investor/Buyer Sector Deal Type
1 $4,400,000,000 AOL Verizon Media Acquisition
2 $3,000,000,000 Aruba Networks Hewlett-Packard Hardware & Infrastructure Acquisition
3 $1,500,000,000 Lynda.com LinkedIn Media Acquisition
4 $1,400,000,000 Electronic Funds Source WEX Transactions Acquisition
5 $1,200,000,000 Virtustream EMC Software & Services Acquisition
6 $1,200,000,000 Uber Baidu Transactions Investment
7 $1,000,000,000 Uber Undisclosed Transactions Investment
8 $1,000,000,000 Uber Microsoft, Bennett Coleman & Co. Transactions Investment
9 $1,000,000,000 SoFi SoftBank Transactions Investment
10 $910,000,000 Altegra Health Emdeon Transactions Acquisition
11 $890,000,000 Xoom PayPal Transactions Acquisition
12 $810,000,000 Trustwave Singtel Software & Services Acquisition
13 $537,000,000 Snapchat Consortium Mobile & Apps Investment
14 $530,000,000 Lyft Rakuten Transactions Investment
15 $500,000,000 Zenefits Consortium Software & Services Investment
16 $500,000,000 Wish DST Capital Ecommerce Investment
17 $500,000,000 1010data Advance Software & Services Acquisition
18 $500,000,000 Jet.com Fidelity Investments Ecommerce Investment
19 $485,000,000 Snapchat Consortium Mobile & Apps Investment
20 $453,000,000 Lancope Cisco Software & Services Acquisition

More information

  1. Verizon Agrees to Buy AOL for $4.4 Billion (Wall Street Journal)
  2. HP to acquire Aruba Networks for about $3B (CNBC)
  3. LinkedIn to Acquire Lynda.com for $1.5BN (FinSMEs)
  4. WEX to Buy Electronic Funds Source From Warburg Pincus for $1.4 Billion (The Wall Street Journal)
  5. EMC Continues Shift To Cloud With $1.2B Virtustream Purchase (TechCrunch)
  6. Uber Has Raised $1.2B More In China With Baidu Investing As Rival Didi Kuaidi Gets $3B (TechCrunch)
  7. Facing Demand, Uber Expands Funding Round by $1 Billion (NY Times)
  8. Uber reportedly raises $1B at a $51B valuation from investors including Microsoft (VentureBeat)
  9. SoFi raises whopping $1 billion to refinance student loans (Fortune)
  10. Emdeon to Acquire Altegra Health for $910M (FinSMEs)
  11. PayPal to Acquire Xoom for $890M (FinSMEs)
  12. Singtel buys US cybersecurity firm for US$810M (Tech In Asia)
  13. Snapchat Closes Another Massive Funding Round — $537 Million (Re/code)
  14. Lyft Raises $530M in Series E Funding (FinSMEs)
  15. Zenefits Raises $500M Series C Funding (FinSMEs)
  16. Sources: DST Global Led Mobile Shopping App Wish’s $500M Round (TechCrunch)
  17. Advance Acquires 1010data for $500M (FinSMEs)
  18. Jet.com Raising up to $500 Million Led by Fidelity at $1 Billion Valuation (Re/Code)
  19. Snapchat Raises $485M in Funding (FinSMEs)
  20. Cisco Beefs Up Security, Buys Lancope For $453M (TechCrunch)