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October 28, 2015

Cisco bolsters security business with Lancope acquisition

News: OpenDNS, Portcullis, and Neohapsis are some of the other security companies Cisco has recently acquired.

By CBR Staff Writer

Cisco has acquired Georgia based security company Lancope for $453m in order to strengthen its security business.

Lancope provides network visibility, behaviour analytics and security intelligence that are designed to protect enterprises against top threats.

The company helps speed up incident response, improve forensic investigations and reduce enterprise risk.

It uses systems called, "NetFlow" and "StealthWatch" which deliver ‘Context-Aware Security Analytics’ to detect a wide range of attacks from APTs and DDoS to zero-day malware and insider threats.

Prior to acquiring the security firm, Cisco teamed up with Lancope for several years on providing security services.

Cisco believes that Lancope will advance Cisco’s Security Everywhere strategy of providing advanced threat protection across the full attack continuum — before, during and after an attack.

Lancope will also be an addition to Cisco‘s portfolio of security solutions which provides additional capability of network behavior analytics that extends protection further into the network.

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Cisco Corporate Development vice president Rob Salvagno said: "As enterprises digitise, security challenges rapidly evolve.

"Real time visibility and understanding of the behaviour 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."

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