Feeds

Cisco buys IronPort to push into anti-spam market

Pays $830m for heavyweight spam squasher

Build a business case: developing custom apps

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. ®

Build a business case: developing custom apps

More from The Register

next story
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Amazon says Hachette should lower ebook prices, pay authors more
Oh yeah ... and a 30% cut for Amazon to seal the deal
Philip K Dick 'Nazi alternate reality' story to be made into TV series
Amazon Studios, Ridley Scott firm to produce The Man in the High Castle
Nintend-OH NO! Sorry, Mario – your profits are in another castle
Red-hatted mascot, red-colored logo, red-stained finance books
Sonos AXES support for Apple's iOS4 and 5
Want to use your iThing? You can't - it's too old
Joe Average isn't worth $10 a year to Mark Zuckerberg
The Social Network deflates the PC resurgence with mobile-only usage prediction
Chips are down at Broadcom: Thousands of workers laid off
Cellphone baseband device biz shuttered
Feel free to BONK on the TUBE, says Transport for London
Plus: Almost NOBODY uses pay-by-bonk on buses - Visa
Twitch rich as Google flicks $1bn hitch switch, claims snitch
Gameplay streaming biz and search king refuse to deny fresh gobble rumors
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.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Maximize storage efficiency across the enterprise
The HP StoreOnce backup solution offers highly flexible, centrally managed, and highly efficient data protection for any enterprise.