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Cisco's Acquisition of CloudLock Puts Spotlight on CASB Market

Discussion in 'SecurityWeek' started by RSS, Jun 30, 2016.

  1. RSS

    RSS New Member Member

    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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