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Cisco to Acquire Cloud Security Firm CloudLock for $293M

June 30, 2016

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Cisco has agreed to acquire cloud access security broker CloudLock for $293 million in cash and equity, bringing the team under its networking and security business group, the networking giant announced this week.

CloudLock is based in Waltham, Massachusetts, and claims to have more than 700 customers with tens of millions of users under management. CloudLock said the deal will not impact existing partners.

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