Cisco Systems agreed on Tuesday to buy Sourcefire, a provider of cybersecurity services, for about $2.7 billion in cash, in a reflection of the growing fervor for companies that can help guard against computer-based attacks.

Under the terms of the deal, Cisco will pay $76 a share in cash, nearly 30 percent higher than Sourcefire’s closing price on Monday. The offer includes retention-based incentives for Sourcefire’s executives.
Article Tools

The deal is Cisco’s biggest since its $5 billion acquisition of NDS Group Ltd. last year.

Sourcefire, founded in 2001, has grown into a major cybersecurity provider – one that has rejected numerous takeover bids through the years. Last year, the company reported $5 million in profit on revenue $223.1 million.

In a statement, Cisco said that adding Sourcefire would give it a portfolio of next-generation security offerings.

Read the Full Story at Dealbook



 Sourcefire  network intrusion prevention and detection system PTSOMCSA1-2  picture
Sourcefire network intrusion prevention and detection system PTSOMCSA1-2
$235.0


Netronome NFE-3240 PCBD0021-004 Rev 01 Flow Engine SourceFire Cisco FirePower picture
Netronome NFE-3240 PCBD0021-004 Rev 01 Flow Engine SourceFire Cisco FirePower
$120.0


Sourcefire GERY-1U-8-C-AC Server Xeon X3430 @ 2.4ghz 16GB RAM picture
Sourcefire GERY-1U-8-C-AC Server Xeon X3430 @ 2.4ghz 16GB RAM
$99.99


Lot of 5  New Cisco SourceFire 3D8250 CHAS-2U-AC/DC System Appliance picture
Lot of 5 New Cisco SourceFire 3D8250 CHAS-2U-AC/DC System Appliance
$3268.78


SOURCEFIRE 3D8250-IPS-000-CHAS Firewall VPN Device, Warranty | 1632343 picture
SOURCEFIRE 3D8250-IPS-000-CHAS Firewall VPN Device, Warranty | 1632343
$4499.99


Lot of 5  New Cisco SourceFire 3D8250 CHAS-2U-AC/DC System Appliance picture
Lot of 5 New Cisco SourceFire 3D8250 CHAS-2U-AC/DC System Appliance
$4831.99


SOURCEFIRE 3D8120 IPS INTRUSION PREVENTION SYSTEM 4 PORT GB MODULE MSRP $65,488 picture
SOURCEFIRE 3D8120 IPS INTRUSION PREVENTION SYSTEM 4 PORT GB MODULE MSRP $65,488
$3000.0


Cisco FPNM-2SR-10G-BP 2-Port 10 GBPS SR Fiber Network SourceFire HSS picture
Cisco FPNM-2SR-10G-BP 2-Port 10 GBPS SR Fiber Network SourceFire HSS
$1400.0