Cisco locks in maker of network security systems
Cisco Systems said it will pay approximately $43.7 million to take over privately-held Meetinghouse Data Communications, a software company with a pedigree in advanced network protocols whose most recent product line provides network security across multiple platforms, with existing Wi-Fi access points, network switches, and authentication servers.
Meetinghouse's Aegis SecureConnect products provide a client-side 802.1X supplicant security software that allows enterprise customers to restrict network access to only authorized users and/or host devices attempting to gain access to networked resources through both wired and wireless networks.
The integration of Meetinghouse's products with Cisco's security portfolio should enable Cisco to provide a single unified wired and wireless client to enterprise customers that will help them reduce operational costs by simplifying the security management of a broad array of host devices and operating systems.
Meetinghouse was founded in 1988 and has 77 employees in Portsmouth, N.H. The deal is expected to close in the first quarter of Cisco's fiscal year 2007, ending October 28, 2006.