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Cisco Completes Acquisition of CloudLock

Cisco has announced that it has completed the acquisition of cloud data security company CloudLock.

A provider of enterprise-class solutions designed to give organizations control over their data in the public cloud in platforms such as Google Apps and Salesforce, CloudLock follow Lancope, Threatgrid and Sourcefire into the Cisco portfolio.

In a deal reported to be worth $293 million, Cisco’s vice president of Cisco Security David Ulevitch, who joined the company last year following the acquisition of his company OpenDNS ,said that he was we are incredibly excited to welcome the CloudLock team to Cisco. “Together, we will continue our mission to deliver world-class security solutions that help our customers connect with confidence,” he said.

In a statement, Ulevitch, said: “Customers want to be able to take advantage of the increased agility and improved economics that come with moving to the cloud while still protecting their data, applications, and users. They want to re-establish the fundamental security best practices of visibility and control in a way that is cloud-friendly and cloud-first. CloudLock’s Cloud Access Security Broker (CASB) offering adapts the traditional enterprise security approach for the cloud – without impacting productivity or performance.”

Gil Zimmerman, CEO and co-founder of CloudLock, said: “Together, we will establish a new bar for cloud security platforms that are simple, open, automated, effective, and, most importantly, enable people and their businesses to accelerate their secure journey to the cloud.

“Personally, I cannot be more excited to lead CloudLock on this next major chapter in its life, while also leveraging the immense braintrust and operating power of one of the world’s largest security organizations, leading the way on a global level. We’ve never been better positioned to deliver for our customers and invest in our platform.”

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