Joins The Blasting News! Get A Well-Paying Freelance Writing Job!

$3 guarantee for each article published on our site + a variable compensation, up to $500 per article!

Blasting News is a fully independent magazine based on the principle of social journalism and powered by the voices of thousands of people called Blasters.

Being part of the largest social news magazine, the 142nd most read site in the world, according to Alexa Rank, getting your news out to over 100 million active monthly users. Blasting News has just reached this size 44 months after its launch (growing faster than Facebook, which took 54 months to do the same). Registration is free!

Erwin Castro (The Techchaser) Invited You To Sign Up And Get This Great Opportunity! Blasting News

Wednesday, October 28, 2015

Cisco Acquires Cybersecurity Firm Lancope For $452 Million

Networking giant Cisco on Tuesday announced plans to acquire cybersecurity firm Lancope for $452.5 million. Cisco said the Lancope acquisition will advance its strategy of providing advanced threat protection to corporate networks. Cisco plans to use Lancope’s technology to bolster its Security Business Group as well as the company’s “security everywhere” strategy.

Founded in 2000 and based in Alpharetta, Georgia, privately-held Lancope specializes in network behaviour analytics, security intelligence and threat visibility. It looks for unusual activity on a network that doesn’t fit typical patterns can often trigger alerts or warning that an attack is underway or a system has been breached. 
  
Even before the deal, Cisco and Lancope have been commercial partners for some time, with Lancope’s StealthWatch technology being used In Cisco’s entire network infrastructure. Under the terms of agreement, Cisco will pay Lancope $452.5 million, as well as retention-based incentives for Lancope employees who will join Cisco. 

Rob Salvagno, VP of Cisco Corporate Development, said in a statement: "As enterprises digitize, security challenges rapidly evolve”, and also added this: “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."

"Lancope has been part of Cisco’s security solution for many years through a successful commercial relationship and now we are coming together as one team," said Rob Salvagno, in a blog post Tuesday. "Together with Lancope, our combined solutions can help turn a customer’s entire network into a security sensor."

Lancope is the third security firm Cisco has acquired this year and the second largest deal for Cisco since Chuck Robbins was named CEO of the company. According to Cisco, the Lancope deal builds on the recent security acquisitions, which include OpenDNS, Portcullis and Neohapsis. In June 2015, Cisco acquired UK-based cloud security firm OpenDNS for $635 million. The OpenDNS deal  was aimed at accelerating the development of the Cisco Cloud Delivered Security Portfolio.

Cisco has been busy beefing up its network security portfolio to address growing security threats. Lancope solutions add network behaviour analytics and security intelligence to Cisco's security portfolio, which gives Cisco more firepower and munitions to protect its network. 

According to a 2014 Worldwide Specialized Threat Analysis and Protection Market Shares report by research firm IDCLancope owned around 5.5 percent of the global analysis and protection market in 2014, with a 48 percent revenue increase year-over-year. 

Image credit: Recode.net

No comments:

Introducing A Great Place To Find A Job

The marketplace where tech companies compete to hire you. Meet 5 to 15 top companies in one week with salary info upfront. You’re in demand. Shouldn’t companies you love come to you with offers upfront? We think so. That’s why Hired is changing the way you find your next job with a faster, more transparent job search process built specifically for Python Programmers, RoR Developers, Java Programmers, Software Engineers, Big Data Scientists, Data Scientists, DevOps, UI/UX Designers, Product Managers, and Web Developers.

Hired is the first two-sided marketplace created specifically for Engineers, Data Scientists, Designers and Product Managers who are overwhelmed with job opportunities.

We believe recruiting should be transparent, unbiased, and that the talent should be in control. Our one week “auctions” provide upfront offers from vetted and funded companies, dedicated talent advocates, and a $2,000 signing bonus.

Our mission is to make hiring, or getting hired, less painful. Hired.com: A Whole New Recruiting Model.


THE PREMIER MARKETPLACE FOR TECH TALENT
BEGIN THE NEXT CHAPTER IN YOUR CAREER TODAY


Learn More: GET HIRED!

VMware: Virtualizing the Entire Data Center



Virtualizing the Entire Data Center by: VMware, The World's Leader in Virtualization and Cloud Infrastructure

VMware vSphere Essentials delivers the industry-leading virtualization platform for small businesses at an affordable price. Small businesses can virtualize their physical servers and centrally manage these servers, reducing hardware costs and increasing operating efficiency with a low upfront investment.
Provides cost-effective server consolidation and management for small offices

Learn more about the VMware vSphere Essentials