Friday, 24 March, 2023

Cisco to buy cloud communication firm IMImobile in $730 mn deal

<p>News agency Reuters reported that Cisco has agreed to buy London-based cloud communications software company IMImobile PLC. The all cash deal is valued at about $730 mn, including debt, calculated at the rate of 595 pence per share. IMImobile provides software and services to businesses to connect with customers through interactive channels including social, messaging and voice.</p>