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



SOURCE fire 10/100 Ethernet In-Line TX tap picture
SOURCE fire 10/100 Ethernet In-Line TX tap
$109.99


SourceFire 7110 Series 7000 Security Appliance GERY-1U-8-C-AC **New Open Box** picture
SourceFire 7110 Series 7000 Security Appliance GERY-1U-8-C-AC **New Open Box**
$399.0


Cisco SourceFire GERY-1U-8-C-AC Security Appliance ** 60 days warranty ** picture
Cisco SourceFire GERY-1U-8-C-AC Security Appliance ** 60 days warranty **
$225.0


SourceFire 3D Systems Rail Kit for 3D2100 3D9900 picture
SourceFire 3D Systems Rail Kit for 3D2100 3D9900
$34.75


<p>CHAS-1U-AC/DC Cisco SourceFire Network Firewall 100GB SSD Intel Xeon Hexcore picture

CHAS-1U-AC/DC Cisco SourceFire Network Firewall 100GB SSD Intel Xeon Hexcore
$790.0


Cisco SOURCEfire firePOWER 3D8250 SMAAMDA0043 PCBD0043-003 REV 02 Server Module picture
Cisco SOURCEfire firePOWER 3D8250 SMAAMDA0043 PCBD0043-003 REV 02 Server Module
$149.99


Cisco SourceFire GERY-1U-8-C-AC Security Appliance picture
Cisco SourceFire GERY-1U-8-C-AC Security Appliance
$250.0


Lot of 2 | Cisco SMA-AMDA0021 NFE-3240 Flow Engine SourceFire 3D w/ riser & cage picture
Lot of 2 | Cisco SMA-AMDA0021 NFE-3240 Flow Engine SourceFire 3D w/ riser & cage
$149.0