June 30, 2016

Cisco announces the acquisition of CloudLock

Cisco has announced its intention to acquire cloud security company CloudLock.

Cisco this week made an announcement regarding its intention to acquire CloudLock, a privately held cloud security company. Cisco claims that the acquisition will further enhance Cisco’s security portfolio and build on Cisco’s Security Everywhere strategy, designed to provide protection from the cloud to the network to the endpoint.

Considering the increasingly decentralized way that companies these days do business, it has become necessary for security to evolve beyond an on-premises approach. CloudLock helps customers accelerate their cloud adoption by delivering security built specifically to meet the realities of today’s cloud-first enterprise.

Rob Salvagno, vice president of Cisco Corporate Development says:

As companies are migrating to the cloud, they need a technology partner that can accelerate that transition and deliver critical security capabilities for all their users, apps and data in a seamless way.

CloudLock brings a unique cloud-native, platform and API-based approach to cloud security which allows them to build powerful security solutions that are easy to deploy and simple to manage.

Cisco claims that this acquisition will help accelerate it’s cloud security portfolio and extend the cloud security offering throughout the enterprise. The CloudLock team will join Cisco’s Networking and Security Business Group under Senior Vice President and General Manager David Goeckeler.

The acquisition is expected to close in the first quarter of fiscal year 2017, subject to customary closing conditions.

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