Tech Company M&A Transactions
CliQr Technologies Acquisition
CliQr Technologies, operating out of Santa Clara, was acquired by Cisco. Cisco said the transaction price was $260 million.
Transaction Overview
Company Name
Acquired By
Announced On
3/1/2016
Transaction Type
M&A
Amount
$260,000,000
M&A Terms
Cisco will pay $260 million in cash and assumed equity awards, plus retention based incentives.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
3255-1 Scott Blvd 220
Santa Clara, CA 95054
USA
Santa Clara, CA 95054
USA
Phone
Website
Email Address
Overview
CliQr Technologies is setting the stage for the next generation of cloud computing. CliQr enables existing business applications to fluidly move to and between any private, public or hybrid cloud without migration time and expense.
Management Team
Title
Name
Email & Social
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