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.
(Reporting by Supantha Mukherjee, European Technology & Telecoms Correspondent, based in Stockholm, Editing by Johannes Hellstrom)
