Sourcefire Goes to Cisco for $2.7 Billion

Cisco, in a diversification move, is buying Maryland-based cyber-security house Sourcefire for $76 a share in cash and retention bonuses, paying roughly a 29% premium to Monday’s closing price of $59.08.
The pair means to combine their widgetry to protect users everywhere – from any device to any cloud – before, during and after an attack.
They say that the evolution of the “Internet of Everything” is making discrete security products useless against dynamic threats and that Sourcefire can provide highly automated, continuously aware threat detection including next-generation intrusion prevention systems, next-generation firewalls and advanced malware protection.

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