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Cisco agrees to buy IMImobile for $730 million

Cisco has agreed to buy London-based cloud communications software company IMImobile for 595 pence per share in cash in a deal valued at about $730 million

Cisco has agreed to buy London-based cloud communications software company IMImobile PLC for 595 pence per share in cash in a deal valued at about $730 million, including debt.

IMImobile provides software and services to businesses to connect with customers through interactive channels including social, messaging and voice.

Tags: Cisco | IMImobile | Cisco-IMImobile deal