Cisco agrees to buy U.K. cloud company for $721M

Cisco Systems Inc. agreed to buy U.K. customer service software
maker IMImobile Plc in a deal valued at about 543 million pounds
($721 million) as part of a plan to enhance tools to help companies
keep track of and interacting with users. IMImobile shares rose the
most on record. The deal, Cisco’s largest U.K. acquisition […]