Feeds

Cisco borgs Securent for $100m

And sprays China with cash

Maximizing your infrastructure through virtualization

Cisco is dipping into loose change to buy Securent, a Silicon Valley data security startup, for $100m cash.

Securent makes software for companies to restrict user access to data on a network, helping prevent sensitive information from falling into nefarious hands.

The firm has 57 employees in Mountain View, California, with R&D in Hyderbad, India. Cisco will pay about $100m in cash and assumed options. The staff and technology will be assimilated into Cisco's Collaborative Software Group.

Their flagship software is Securent Entitlement Management Solution, which uses SQL agents as bouncers on Oracle databases or Sharepoint servers. The software intercepts requests before it reaches a database, and restricts what can come out based on the user.

Securent is Cisco's twelfth acquisition this year, and 125th in toto. It's the second security firm purchase by Cisco this year, since it announced intentions to acquire IronPort, an email filtering and web security firm for $830m.

Cisco expects the deal to close in the second quarter of its fiscal year 2008.

Cisco borgs China

Cisco said today it plans to spend $16bn in China over the next five years, nearly double the $8.5bn it has invested in China since 2002.

The money will go towards parts procurement, education, joint ventures and establishing a "green technology" center.

"Cisco has made significant investments in our China business since we established operations in the country in 1994, and this program will lay the foundation for the next chapter in Cisco's development in China," Cisco CEO John Chambers said today at a press conference in Beijing.

He gave a broad outline of the program, which will include significant investments in "Web 2.0" technologies through cooperation with Alibaba, China's largest ecommerce site. Cisco has previously agreed to buy a $17.5m stake in Alibaba, which will be valued at $8.8bn when it makes debut on the Hong Kong stock exchange next week.

The investment also includes an increase in local procurement of parts as well as increased funding for Cisco Systems Capital China, which provides credit for customers.

China provides ample opportunities for Cisco, housing the second-largest market for internet users after the US. However, the company has taken heat from some human rights organizations, which say the Chinese government uses Cisco gear to censor the internet and limit political dissidence. ®

The Power of One eBook: Top reasons to choose HP BladeSystem

More from The Register

next story
Sysadmin Day 2014: Quick, there's still time to get the beers in
He walked over the broken glass, killed the thugs... and er... reconnected the cables*
Auntie remains MYSTIFIED by that weekend BBC iPlayer and website outage
Still doing 'forensics' on the caching layer – Beeb digi wonk
SHOCK and AWS: The fall of Amazon's deflationary cloud
Just as Jeff Bezos did to books and CDs, Amazon's rivals are now doing to it
BlackBerry: Toss the server, mate... BES is in the CLOUD now
BlackBerry Enterprise Services takes aim at SMEs - but there's a catch
The triumph of VVOL: Everyone's jumping into bed with VMware
'Bandwagon'? Yes, we're on it and so what, say big dogs
Carbon tax repeal won't see data centre operators cut prices
Rackspace says electricity isn't a major cost, Equinix promises 'no levy'
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.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Application security programs and practises
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Securing Web Applications Made Simple and Scalable
Learn how automated security testing can provide a simple and scalable way to protect your web applications.