Cisco Paying $260M for CliQr

Cisco Systems is shoring up its cloud platform by putting up $260 million for CliQr, a privately held company that has developed a cloud orchestration platform for virtualized environments.

Cisco said it has already integrated CliQr with a number of its data center switching and cloud platforms, including Cisco’s Application Centric Infrastructure and its Unified Computing System.

Cisco believes  the acquisition of the San Jose-based company and its CloudCenter platform will help its customers simplify and accelerate their private, public and hybrid cloud deployments.

CliQr’s platform, Cisco added, will help its customers create a single application profile across data centers and public or private clouds.

Cisco said the CliQr team will join its Insieme Business Unit, reporting to Prem Jain, the unit’s senior vice president and general manager. Cisco expects to close the deal in its fiscal third quarter.

"Customers today have to manage a massive number of complex and different applications across many clouds," said Rob Salvagno, vice president, Cisco Corporate Development, in a statement. "With CliQr, Cisco will be able to help our customers realize the promise of the cloud and easily manage the lifecycle of their applications on any hybrid cloud environment."