Cisco is planning to snap up US cloud security firm CloudLock in a move which came as "no surprise" to analyst Forrester, given the recent rush from vendors to bolster their security offerings.
Massachusetts firm CloudLock was launched in 2011 and specialises in cloud access security broker technology, which it claims helps businesses see and analyse user behaviour on cloud services.
Cisco claims the technology will "further enhance" its security offering when the $293m (£218m) deal closes, which is due to happen next year.
Cisco said in a statement: "Today's acquisition will help accelerate Cisco's cloud security portfolio, and extend the cloud security offering throughout the enterprise. Together, we plan to offer the industry's broadest cloud security protection and enable our customers to realise the benefits of the mobile-cloud era."
Analyst Forrester said that Cisco's move to boost its security offerings chimes with recent industry moves.
"Given Symantec's recent acquisition of BlueCoat – and with it BlueCoat's earlier acquired Elastica and Perspecsys cloud security gateway assets – and IBM's organic buildout of its Cloud Security Enforcer solution, it comes hardly as a surprise that Cisco today announced its intent to acquire CloudLock," said Forrester vice president for security and risk professionals, Andras Cser.
He added that Cisco's acquisition in this space could "start an acquisition wave" of other large vendors snapping up smaller cloud security vendors.
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