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  Security Appliance GERY-1U-8-C-AC Firewall picture

SourceFire Security Appliance GERY-1U-8-C-AC Firewall

$249.00



CHAS-1U-AC/DC Cisco SourceFire Network Firewall 2x Xeon E5645 82Gb RAM #73 picture

CHAS-1U-AC/DC Cisco SourceFire Network Firewall 2x Xeon E5645 82Gb RAM #73

$150.00



Sourcefire CHRY-1U-AC Security appliance picture

Sourcefire CHRY-1U-AC Security appliance

$150.00



CHAS-2U-AC/DC Cisco Source Fire 2P Xeon E5645 16GB System Appliance W/ 2x PWS picture

CHAS-2U-AC/DC Cisco Source Fire 2P Xeon E5645 16GB System Appliance W/ 2x PWS

$299.00



CISCO / SOURCEFIRE CHRY-1U-AC SECURITY APPLICANCE - NO POWER SUPPLY picture

CISCO / SOURCEFIRE CHRY-1U-AC SECURITY APPLICANCE - NO POWER SUPPLY

$34.99



Cisco SourceFire CHRY-1U-AC Security Appliance picture

Cisco SourceFire CHRY-1U-AC Security Appliance

$30.00



CISCO SOURCEFIRE FIREPOWER 7010 FP7010 V2 CHRY-1U-AC NETWORK SECURITY APPLIANCE picture

CISCO SOURCEFIRE FIREPOWER 7010 FP7010 V2 CHRY-1U-AC NETWORK SECURITY APPLIANCE

$36.00



Cisco Sourcefire Module Screen - PCBD0036-002 - Netronome picture

Cisco Sourcefire Module Screen - PCBD0036-002 - Netronome

$29.99



SOURCEFIRE NETWORK SECURITY / FIREWALL APPLIANCE PTSOMCSA1-2 3D1000 picture

SOURCEFIRE NETWORK SECURITY / FIREWALL APPLIANCE PTSOMCSA1-2 3D1000

$95.00



CHAS-1U-AC/DC Cisco SourceFire Network Firewall 100GB SSD Intel Xeon Hexcore E56 picture

CHAS-1U-AC/DC Cisco SourceFire Network Firewall 100GB SSD Intel Xeon Hexcore E56

$314.00