Cisco to buy security software maker for $830 mln

Iria · Jan 4, 2007, 07:42 PM

Source: Reuters
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Top U.S. network equipment maker Cisco Systems Inc. said on Thursday it will buy Web messaging and e-mail security firm IronPort Systems Inc. for $830 million to tap growing demand for anti-virus and anti-spam software.

The acquisition of the privately held maker of e-mail and Web security software is Cisco's latest move to grow by integrating niche technologies that complement its main product line of routers and switches which direct Internet traffic.

Jan 4, 2007, 07:42 PM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 87	Cisco to buy security software maker for $830 mln Source: Reuters ________ Top U.S. network equipment maker Cisco Systems Inc. said on Thursday it will buy Web messaging and e-mail security firm IronPort Systems Inc. for $830 million to tap growing demand for anti-virus and anti-spam software. The acquisition of the privately held maker of e-mail and Web security software is Cisco's latest move to grow by integrating niche technologies that complement its main product line of routers and switches which direct Internet traffic.