Cisco to buy software firm IMImobile in $730 million deal

The Cisco Systems logo is seen as part of a display at the Microsoft Ignite technology conference in Chicago, Illinois, US, 4 May, 2015/ Reuters
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.