It plans to acquire security startup Twingo Systems for about $5 million in cash.
Cisco Systems continues its security-vendor buying spree. The network gear maker said Friday that it plans to acquire security startup Twingo Systems Inc. for about $5 million in cash. The deal is expected to close by the end of next month.
Twingo Systems makes software that helps to secure remote-computing devices that connect to company networks through Secure Socket Layer VPNs. The software also deletes data that could pose security and privacy risks from end-point devices, including E-mail file attachments, cookies, Internet history, and temporary files.
This acquisition follows several security acquisitions Cisco has made in recent years. In January 2003, Cisco acquired intrusion-prevention software maker Okena Inc. in an all-stock deal valued at $154 million. And in October 2002, Cisco acquired little-known Psionic Software Inc. for $12 million in cash. Psionic was a maker of software designed to help reduce so-called false alerts that often plague intrusion-detection systems.
Analysts say Cisco is acquiring these security firms as part of its Self-Defending Network Strategy.
2014 Next-Gen WAN SurveyWhile 68% say demand for WAN bandwidth will increase, just 15% are in the process of bringing new services or more capacity online now. For 26%, cost is the problem. Enter vendors from Aryaka to Cisco to Pertino, all looking to use cloud to transform how IT delivers wide-area connectivity.
The UC Infrastructure TrapWorries about subpar networks tanking unified communications programs could be valid: Thirty-one percent of respondents have rolled capabilities out to less than 10% of users vs. 21% delivering UC to 76% or more. Is low uptake a result of strained infrastructures delivering poor performance?
Join us for a roundup of the top stories on InformationWeek.com for the week of December 14, 2014. Be here for the show and for the incredible Friday Afternoon Conversation that runs beside the program.