Cisco’s Acquisition of CloudLock Puts Spotlight on CASB Market

Cisco has announced its intention to acquire CloudLock Inc, a privately held cloud access security broker (CASB) based in Waltham, Massachusetts. Cisco will pay $293 million in cash and assumed equity awards, and will pay additional retention incentives to retain the existing CloudLock employees.

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Story added 30. June 2016, content source with full text you can find at link above.