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Cisco deals for IronPort

Thu, 01/04/2007 - 5:25am
CED staff

Cisco is set to acquire IronPort Systems, a privately-held company that provides messaging security appliances, focusing on spam and spyware protection for enterprise e-mail systems.

Cisco will offer IronPort's products with its portfolio of security products aimed at threat mitigation, confidential communications, policy control, and management.

"Internet messaging threats continue to get more sophisticated, and IronPort has repeatedly delivered industry leading solutions," said Scott Weiss, CEO of IronPort Systems. "Integrating IronPort's messaging security technology with Cisco's Self-Defending Network will enable a new level of defense for our customers."

Cisco will pay approximately $830 million in cash and stock to absorb IronPort. The acquisition, subject to the usual closing conditions, is expected to close in the third quarter of Cisco's fiscal year 2007.

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