United States : CISCO officially completes acquistion deal with SOURCEFIRE [TendersInfo (India)]
(TendersInfo (India) Via Acquire Media NewsEdge) Networking giant, Cisco Systems has announced that it has officially completed its $2.7 billion (£1.7bn) deal to acquire cyber-security firm Sourcefire on 7 October.
As it grow from its networking roots to become an enterprise IT solutions and services provider, Cisco said the deal should significantly enhance its expanding security business.
The deal which was first announced in July, boosts Cisco's capabilities in areas like next-generation firewalls, next-generation intrusion-preventions systems and advanced malware protection,
It also dovetails with the networking giant's efforts to expand its reach across the data centre.
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