Cisco Announces Intent to Acquire CliQr
March 01, 2016

Cisco announced the intent to acquire CliQr Technologies Inc., a privately held company based in San Jose.

CliQr provides an application-defined cloud orchestration platform to model, deploy and manage applications across bare metal, virtualized and container environments. This acquisition will help Cisco customers simplify and accelerate their private, public and hybrid cloud deployments. CliQr is already integrated with a number of Cisco’s data center switching and cloud solutions, including Cisco’s Application Centric Infrastructure (ACI) and Unified Computing System (UCS).

CliQr provides customers with a single, intuitive platform that helps customers manage the entire application lifecycle across hybrid IT environments, whether simple or complex. CliQr’s CloudCenter platform provides a compelling solution for modern IT organizations whether they are moving their first applications to the cloud, deploying self-service IT environments, or wanting to gain visibility and control across a vast portfolio of clouds, applications and users.

Moving forward, Cisco will continue to integrate CliQr across Cisco’s data center portfolio. Together, CliQr and Cisco will make it simpler for customers to automate and manage application policies across the entire data center stack. CliQr already integrates with Cisco ACI to enable application portability for on-premise and cloud environments and provide a complete solution for customers. In addition, CliQr has out-of-the box support for all major public cloud environments.

The CliQr team will join Cisco’s Insieme Business Unit reporting to Prem Jain, SVP and GM. Under the terms of the agreement, Cisco will pay $260 million in cash and assumed equity awards, plus retention based incentives.The acquisition is expected to close in the third quarter of fiscal year 2016, subject to customary closing conditions.

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