Feeds

Cisco pays $65m for Protego

Keeping tabs on security threats

  • alert
  • submit to reddit

5 things you didn’t know about cloud backup

Cisco yesterday announced a deal to acquire security start-up Protego Networks for approximately $65m in cash.

Protego's line of security monitoring and threat management appliances will be used to bolster Cisco's security portfolio. Cisco said the "ability of Protego's products to detect, correlate and mitigate threats in the network extends Cisco's Self-Defending Network initiative".

According to a statement, Protego's appliances combine traditional security event-monitoring with added features to help firms manage security incidents. "By combining network intelligence, an understanding of network topology and automated mitigation capabilities, Protego's products help companies to readily and accurately identify and eliminate network attacks while maintaining network compliance," Cisco said.

The acquisition is subject to various standard closing conditions and is expected to close by the end of January 2005. Post acquisition, Portego's 38 employees will be integrated into Cisco's Security Technology Group.

Protego Networks is Cisco's fourth security related acquisition this year following the purchases of 'network bouncer' firm Perfigo, network monitoring firm NetSolve and anti-DDoS firm Riverhead Networks. Cisco's buying spree has also extended into other areas of technolgy, most recently with the $34m purchase of network routing software firm BCN Systems earlier this month. ®

Related stories

Cisco buys 'network bouncer' firm Perfigo
Cisco buys anti-DDoS firm
Cisco beefs up IOS security
Juniper security push

Next gen security for virtualised datacentres

More from The Register

next story
Snowden on NSA's MonsterMind TERROR: It may trigger cyberwar
Plus: Syria's internet going down? That was a US cock-up
Who needs hackers? 'Password1' opens a third of all biz doors
GPU-powered pen test yields more bad news about defences and passwords
e-Borders fiasco: Brits stung for £224m after US IT giant sues UK govt
Defeat to Raytheon branded 'catastrophic result'
Microsoft cries UNINSTALL in the wake of Blue Screens of Death™
Cache crash causes contained choloric calamity
Germany 'accidentally' snooped on John Kerry and Hillary Clinton
Dragnet surveillance picks up EVERYTHING, USA, m'kay?
Linux kernel devs made to finger their dongles before contributing code
Two-factor auth enabled for Kernel.org repositories
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 10 endpoint backup mistakes
Avoid the ten endpoint backup mistakes to ensure that your critical corporate data is protected and end user productivity is improved.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Rethinking backup and recovery in the modern data center
Combining intelligence, operational analytics, and automation to enable efficient, data-driven IT organizations using the HP ABR approach.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.