Cisco to acquire network security vendor Lancope for $452.5 mn

Cisco Security
Enterprise networking vendor Cisco announced its deal to acquire Lancope, a network security company, for $452.5 million in cash.

The privately held Lancope provides network behavior analytics, threat visibility and security intelligence to help protect companies against top cyber security threats.

Lancope, based in Alpharetta, GA, offers StealthWatch system that identifies suspicious traffic patterns inside the network to detect a range of attacks. Through network visibility, specialized threat analysis and protection, Lancope helps customers to monitor, detect, analyze and respond more quickly to modern security threats on enterprise networks.

Cisco and Lancope will advance Cisco’s Security Everywhere strategy of providing advanced threat protection across the full attack continuum. With Lancope, Cisco’s portfolio of security solutions adds an additional capability of network behavior analytics that extends protection further into the network.

“Real time visibility and understanding of the behavior of every machine or device on the network becomes critical in adapting the ability of enterprises to identify and respond to the next wave of cyber threats,” said Rob Salvagno, vice president, Cisco Corporate Development.

The Lancope team will join the Cisco Security Business Group organization led by David Goeckeler.

On Monday, Cisco announced its intent to acquire ParStream, a privately-held company in Cologne, Germany that provides an analytics database.

ParStream’s database is built for IoT environments allowing customers to compute and analyze large amounts of data in real time, with minimal infrastructure and operating costs at the edge.

This acquisition complements Cisco’s current data and analytics portfolio, improving our ability to provide analytics at the edge of the network, where data is increasingly being generated and in huge volume.

Baburajan K
[email protected]