IT giant Cisco recently announced its intention to acquire privately held network security company Lancope, Inc. Lancope, said Marketwire, specializes in network behavior analytics, threat visibility and security intelligence. The acquisition will have Cisco shell out USD452.5 million in cash and equity, with Lancope getting absorbed by the former’s Security Business Group unit.
The acquisition appears to be a strategic one for Cisco. TechCrunch said Lancope’s capability to provide solutions to reduce the risk of enterprise data breaches via unapproved “back door” routes will purportedly help Cisco to offer security and protection, among its other established services, to its existing and new clientele.
Cisco Corporate Development Vice President Rob Salvagno said, "As enterprises digitize, security challenges rapidly evolve. Real time visibility and understanding of the behavior 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. Cisco is committed to helping organizations defend their networks and devices. Together with Lancope, our combined solutions can help turn a customer's entire network into a security sensor."


Taiwan Opposition Criticizes Plan to Block Chinese App Rednote Over Security Concerns
ByteDance Unveils New AI Voice Assistant for ZTE Smartphones
Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation
Anthropic Reportedly Taps Wilson Sonsini as It Prepares for a Potential 2026 IPO
Trump Administration to Secure Equity Stake in Pat Gelsinger’s XLight Startup
Nexperia Urges China Division to Resume Chip Production as Supply Risks Mount
OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities
Quantum Systems Projects Revenue Surge as It Eyes IPO or Private Sale
EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp
Intel Boosts Malaysia Operations with Additional RM860 Million Investment
AI-Guided Drones Transform Ukraine’s Battlefield Strategy
TSMC Accuses Former Executive of Leaking Trade Secrets as Taiwan Prosecutors Launch Investigation
Apple Leads Singles’ Day Smartphone Sales as iPhone 17 Demand Surges
Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman
Banks Consider $38 Billion Funding Boost for Oracle, Vantage, and OpenAI Expansion
Baidu Cuts Jobs as AI Competition and Ad Revenue Slump Intensify 



