Feeds

Cisco buys IronPort to push into anti-spam market

Pays $830m for heavyweight spam squasher

Top three mobile application threats

Networking giant Cisco Systems has agreed to buy email filtering and web security firm IronPort Systems for $830m in cash and shares. The deal, expected to close in Cisco's third quarter ending April 2007, pushes Cisco into the anti-spam market for the first time. The acquisition is Cisco's fifth largest to date, Reuters reports.

IronPort, founded in 2000 and with a workforce of around 408, markets a line of IronPort anti-spam and gateway security appliance appliances as well as running an email reputation service called SenderBase. It also sells technologies designed to limit the spread of viral outbreaks.

IronPort recorded sales of $25m for the quarter to August 2006, its last available figures, so Cisco's purchase price would appear quite high even though it has a long history of successfully using acquisitions to boost its profitability by entering adjacent markets in networking and security.

Although well-known for its PIX firewall, VPN, network access control, policy management and intrusion prevention products, Cisco has previously held back from entering the market for technologies that filter out junk mail.

Cisco said that it would retain IronPort's existing channel structure post-acquisition, when IronPort will become a business unit in Cisco's Security Technology Group. ®

Combat fraud and increase customer satisfaction

More from The Register

next story
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Record labels sue Pandora over vintage song royalties
Companies want payout on recordings made before 1972
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
Intel sees 'signs of improvement in the PC business' but earnings remain 'Meh...'
Prospects for the future, however, please Wall Street money men
What's a right pain in the ASCII for IBM? Its own leech-like hardware biz
Keep your eyes on our cloud while we remove this pesky thing, say execs
Oracle's Larry Ellison has the MOST MASSIVE PACKAGE IN PUBLIC
Billionaire IT baron earns twice as much as the next in line, Disney chief Bob Iger
prev story

Whitepapers

Mainstay ROI - Does application security pay?
In this whitepaper learn how you and your enterprise might benefit from better software security.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.