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Cisco Closes Its $730M Buy of Cloud Company IMImobile

Cisco completed its all-stock acquisition of cloud company IMImobile for $730 million, said Cisco Friday. The companies will work together “over time” to integrate IMImobile’s products into Cisco’s, blogged Cisco Contact Center Vice President Omar Tawakol Friday. The two teams…

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for the interim will function “separately” under his watch “in the spirit of supporting IMImobile’s existing strategic ambitions,” he said.