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.
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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.

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Sourcefire network intrusion prevention and detection system PTSOMCSA1-2
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NIB (Cisco) SourceFire 3D7030-IPS-C08-000 Intrusion Prevention System
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Sourcefire 3D Appliance 5.2.0-135 GERY-1U-8-C-AC KCC-REM-SFi-GERY1U8CAC
$179.0


CISCO SOURCEFIRE FIREPOWER 3D8250 FP8250-K9 W/ FP8000-STACK-MOD SW 6.2.0.3 picture
CISCO SOURCEFIRE FIREPOWER 3D8250 FP8250-K9 W/ FP8000-STACK-MOD SW 6.2.0.3
$3499.99


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Netronome NFE-3240 FlowNIC SourceFire Cisco FirePower 8000 Series
$89.1


Cisco SourceFire FirePower FPNM-4CU-1G-BP NM-C4-0 4 Port Copper 1Gbps Net Mod picture
Cisco SourceFire FirePower FPNM-4CU-1G-BP NM-C4-0 4 Port Copper 1Gbps Net Mod
$1499.99


Cisco Sourcefire Firepower FP7110-K9 8 x 1 Gbps Copper interface SW Ver: 6.2.0.3 picture
Cisco Sourcefire Firepower FP7110-K9 8 x 1 Gbps Copper interface SW Ver: 6.2.0.3
$2499.0


SOURCEFIRE AXXHERAILS2 E49609-003 205-11685/205-11686 New G1 picture
SOURCEFIRE AXXHERAILS2 E49609-003 205-11685/205-11686 New G1
$38.99