Cisco is all set to acquire an network security company, Lancope for $452.5 million. The company provides network behavior analytics, threat visibility and security intelligence to help protect companies against top cyber security threats.
Once the merger is complete, Lancope will be part of Cisco Security Business Group organization led by David Goeckeler, senior vice president and general manager.
Cisco and Lancope will advance Cisco’s Security Everywhere strategy of providing advanced threat protection across the full attack continuum—before, during and after an attack. With Lancope, Cisco’s portfolio of security solutions adds an additional capability of network behavior analytics that extends protection further into the network.
“As enterprises digitize, security challenges rapidly evolve. Real time visibility and understanding of the behavior of every machine or device on the network becomes critical in adapting the ability of enterprises to identify and respond to the next wave of cyber threats. Cisco is committed to helping organizations defend their networks and devices. Together with Lancope, our combined solutions can help turn a customer’s entire network into a security sensor.” said Rob Salvagno, vice president, Cisco Corporate Development.
Lancope’s StealthWatch system identifies suspicious traffic patterns inside the network to detect a wide range of attacks. Through continuous network visibility, specialized threat analysis and protection, Lancope helps customers to monitor, detect, analyze and respond more quickly to modern security threats on enterprise networks.