RealTime IT News

Cisco Closes on ScanSafe Buy

Cisco announced a breathtaking array of acquisitions last month. As of today's its managed to close one: Finalizing its deal to purchase ScanSafe, a SaaS security solutions provider. EnterpriseNetworkingPlanet takes a look at the deal and what it for Cisco's offerings.


October was a big month for Cisco Systems (NASDAQ: CSCO) during which it announced no less than four proposed acquisitions. Among them was the $183 million bid for software-as-a-service security vendor ScanSafe.

Today, just over a month later, Cisco has announced that it has closed the ScanSafe deal.

ScanSafe will now become part of Cisco's Security Technology Business Unit (STBU), which is also home to Cisco's IronPort e-mail security division.

With ScanSafe, Cisco aims to expand its Web-based security portfolio by leveraging ScanSafe's Anywhere+ SaaS service that provides malware protection and policy usage enforcement on users' laptops.

Read the full story at eSecurityPlanet.com