Cisco to acquire security vendor Sourcefire for $2.7 billion

Sourcefire will give Cisco 'deep security DNA,' according to the announcement

Cisco is set to expand its security software portfolio with the acquisition of Sourcefire in a deal worth US$2.7 billion.

The combined company will offer a product set that provides "advanced threat protection across the entire attack continuum -- before, during and after an attack -- and from any device to any cloud," Cisco said Tuesday.

Both companies' boards have approved the acquisition, which is expected to close later this year, according to Cisco's announcement.

Sourcefire has about 650 employees and reported $223.1 million in revenue during 2012. It sells products for network security and malware protection and also offers IPS (intrusion prevention systems) appliances.

The pending acquisition follows Cisco's purchase earlier this year of Cognitive Security, maker of software that employs artificial intelligence to spot threats.

Cisco and Sourcefire executives are expected to discuss the deal further during a conference call on Tuesday.

(More to follow.)

Join the CSO newsletter!

Error: Please check your email address.

Tags business issuessourcefiresecurityciscosoftwareMergers and acquisitions

More about CiscoCisco SecurityCisco SecurityIPS

Show Comments

Featured Whitepapers

Editor's Recommendations

Solution Centres

Stories by Chris Kanaracus

Latest Videos

  • 150x50

    CSO Webinar: The Human Factor - Your people are your biggest security weakness

    ​Speakers: David Lacey, Researcher and former CISO Royal Mail David Turner - Global Risk Management Expert Mark Guntrip - Group Manager, Email Protection, Proofpoint

    Play Video

  • 150x50

    CSO Webinar: Current ransomware defences are failing – but machine learning can drive a more proactive solution

    Speakers • Ty Miller, Director, Threat Intelligence • Mark Gregory, Leader, Network Engineering Research Group, RMIT • Jeff Lanza, Retired FBI Agent (USA) • Andy Solterbeck, VP Asia Pacific, Cylance • David Braue, CSO MC/Moderator What to expect: ​Hear from industry experts on the local and global ransomware threat landscape. Explore a new approach to dealing with ransomware using machine-learning techniques and by thinking about the problem in a fundamentally different way. Apply techniques for gathering insight into ransomware behaviour and find out what elements must go into a truly effective ransomware defence. Get a first-hand look at how ransomware actually works in practice, and how machine-learning techniques can pick up on its activities long before your employees do.

    Play Video

  • 150x50

    CSO Webinar: Get real about metadata to avoid a false sense of security

    Speakers: • Anthony Caruana – CSO MC and moderator • Ian Farquhar, Worldwide Virtual Security Team Lead, Gigamon • John Lindsay, Former CTO, iiNet • Skeeve Stevens, Futurist, Future Sumo • David Vaile - Vice chair of APF, Co-Convenor of the Cyberspace Law And Policy Community, UNSW Law Faculty This webinar covers: - A 101 on metadata - what it is and how to use it - Insight into a typical attack, what happens and what we would find when looking into the metadata - How to collect metadata, use this to detect attacks and get greater insight into how you can use this to protect your organisation - Learn how much raw data and metadata to retain and how long for - Get a reality check on how you're using your metadata and if this is enough to secure your organisation

    Play Video

  • 150x50

    CSO Webinar: How banking trojans work and how you can stop them

    CSO Webinar: How banking trojans work and how you can stop them Featuring: • John Baird, Director of Global Technology Production, Deutsche Bank • Samantha Macleod, GM Cyber Security, ME Bank • Sherrod DeGrippo, Director of Emerging Threats, Proofpoint (USA)

    Play Video

  • 150x50

    IDG Live Webinar:The right collaboration strategy will help your business take flight

    Speakers - Mike Harris, Engineering Services Manager, Jetstar - Christopher Johnson, IT Director APAC, 20th Century Fox - Brent Maxwell, Director of Information Systems, THE ICONIC - IDG MC/Moderator Anthony Caruana

    Play Video

More videos

Blog Posts