Tag Archives: Hybrid cloud computing

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.