![[H]ard|Forum](/styles/hardforum/xenforo/logo_dark.png){kind=logo}
https://www.reddit.com/r/networking..._to_buy_network_security_company_opendns_for/
The Silicon Valley networking giant expects to complete the transaction in the first quarter of next year. The deal comprises cash and assumed equity awards, plus retention-based incentives for OpenDNS.
OpenDNS, based in San Francisco, protects corporations, schools and households from attacks and malware through cloud-delivered security services. The business will fold into Ciscos security business group.
Combining OpenDNSs visibility, predictive threat intelligence and cloud platform with enhance Ciscos security capabilities, the company noted.
Last year, Cisco acquired cybersecurity firm Sourcefire for $2.7 billion and also bought malware technology company ThreatGrid Inc. The security business represented about 4.3% of Ciscos overall revenue in 2014.
The Silicon Valley networking giant expects to complete the transaction in the first quarter of next year. The deal comprises cash and assumed equity awards, plus retention-based incentives for OpenDNS.
OpenDNS, based in San Francisco, protects corporations, schools and households from attacks and malware through cloud-delivered security services. The business will fold into Ciscos security business group.
Combining OpenDNSs visibility, predictive threat intelligence and cloud platform with enhance Ciscos security capabilities, the company noted.
Last year, Cisco acquired cybersecurity firm Sourcefire for $2.7 billion and also bought malware technology company ThreatGrid Inc. The security business represented about 4.3% of Ciscos overall revenue in 2014.
