Cisco Paves Way for Internet Traffic
Cisco has acquired IronPort Systems for $830 million. The latter is a web messaging and e-mail security firm.
The acquisition will help Cisco integrate niche technologies complementing its routers and switches that direct Internet traffic.
IronPort is known for its ‘reputation filters’, which block spam by examining a sender’s record. Blocking spam can help a company save bandwidth and help employees from the trouble of combing through unwanted e-mail messages.
According to Richard Palmer, Sr. VP- Security Technology Group, Cisco, “We feel there is enormous potential for enhanced e-mail and message protection solutions to be integrated into the existing Cisco self-defending network framework. Using the network as a flexible platform to integrate IronPort’s technologies, Cisco will be able to build new security applications as customers’ demands evolve.”
Cisco will make payment in cash and stock, and the deal is expected to close in the fiscal third quarter.
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