Cisco to Pay $830 Million for Spam Blocker Firm IronPort Systems
Authored by dmw on January 4, 2007 - 11:02am.
 San Jose, Calif. - Cisco, the San Jose-based network equipment giant, said on Thursday that it will pay $830 million in cash and stock to acquire IronPort Systems, a San Bruno-based maker of messaging security appliances focusing on spam and spyware protection for large organizations.
The deal is expected to close by the end of April. Cisco said that IronPort's products will compliment its own threat mitigation, confidential communications, policy control and management offerings.
"We feel there is enormous potential for enhanced email and message protection solutions to be integrated into the existing Cisco Self-Defending Network framework," said Richard Palmer, the senior vice president of Cisco's Security Technology Group.
IronPort was founded in 2000 and has 408 employees.
Related Links:
http://newsroom.cisco.com/dlls/2007/corp_010407.html?CMP=ILC-001
http://www.ironport.com
http://www.cisco.com
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