Cisco to acquire malware prevention company
- 22 May, 2014 02:26
SAN FRANCISCO -- Cisco this week announced its intent to acquire ThreatGRID, a New York-based maker of malware analysis and threat intelligence technology.
Terms of the acquisition were not disclosed.
ThreatGRID's products will enhance the malware protection portfolio obtained from Cisco's acquisition of Sourcefire in 2013, the company says. ThreatGRID makes products for both on-premises and cloud-based security.
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On-premises products are designed for internal data retention. The Sourcefire sourced products address network to endpoint capabilities, including malware detection and blocking, analysis and retrospective remediation of advanced threats.
The combination of Sourcefire and ThreatGRID will allow Cisco customers to aggregate and correlate data to identify cyber threats, Cisco says.
Cisco expects the acquisition to close in the fourth quarter of its fiscal year 2014.
ThreatGRID adds malware sandboxing capabilities for public and private clouds to the Sourcefire FireAMP (advanced malware protection) product line, says Derek Idemoto, vice president of corporate development at Cisco.
"Sourcefire's been aware of ThreatGRID for years," Idemoto said at this week's Cisco Live conference. "We asked them, 'What is the next thing we should be doing?'"
Acquiring ThreatGRID's 25 engineers is apparently what the Sourcefire team recommended.
There is no product overlap with the FireAMP portfolio, Idemoto said.
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