Threat protection: Cisco and Sourcefire will combine their products, technologies and research teams.
More than ever, with the
growing demand of mobility, Cloud computing, the security technologies include
the core of all strategies of development and reputation into the IT companies.
In this dynamic, Cisco and
Sourcefire will combine their products,
technologies and research teams to provide ‘’continuous and pervasive advanced across the entire attack continuum before, during and after an attack and from any device to any cloud’’.
technologies and research teams to provide ‘’continuous and pervasive advanced across the entire attack continuum before, during and after an attack and from any device to any cloud’’.
Connectikpeople has discovered that, under the terms of the agreement,
Cisco will pay $76 per share in cash in exchange for each share of Sourcefire
and assume outstanding equity awards for an aggregate purchase price of
approximately $2.7 billion, including retention-based incentives.
"Cisco's acquisition of
Sourcefire will help accelerate the realization of our vision for a new model
of security across the extended network," said Martin Roesch, founder
and chief technology officer of Sourcefire.
Subject to customary closing conditions and regulatory reviews, the
acquisition is expected to close during the second half of 2013.
About Cisco
Cisco (NASDAQ: CSCO) is the worldwide leader in IT that helps companies
seize the opportunities of tomorrow by proving that amazing things can happen
when you connect the previously unconnected.
About Sourcefire
Sourcefire, Inc. (NASDAQ: FIRE), a world leader in intelligent
cybersecurity solutions, is transforming the way global large- to mid-size
organizations and government agencies manage and minimize security risks to
their dynamic networks, endpoints, mobile devices and virtual environments.
With solutions from a next-generation network security platform to advanced
malware protection, Sourcefire's threat-centric approach provides customers
with Agile Security® that delivers protection Before, During
and After™ an attack. Trusted for more than 10 years, Sourcefire has earned a
reputation for innovation, consistent security effectiveness and world-class
research all focused on detecting, understanding and stopping threats.
