Cisco acquires Protego Networks

Cisco Systems has expanded its Self-Defending Network initiative by entering into an agreement to acquire Protego Networks of Sunnyvale, California for $65 million.

Cisco Systems has expanded its Self-Defending Network initiative by entering into an agreement to acquire Protego Networks of Sunnyvale, California for $65 million in cash. The acquisition is expected to close by the end of January 2005.

“Cisco is committed to providing customers with end-to-end, multi-layered, and integrated security and Cisco’s Self-Defending Network initiative builds proactive and advanced security capabilities directly into the network.” said Richard Palmer, Vice President in Cisco’s Security Technology Group.

“The acquisition of Protego further emphasises Cisco’s commitment to network security and their leadership in security monitoring, threat management and mitigation complements our ongoing work in security,” added Palmer.

Cisco said in a statement that Protego’s solutions enable customers to make more effective use of network and security devices by combining traditional security event monitoring with network intelligence, context correlation, vector analysis, anomaly detection, hotspot identification and automated mitigation capabilities.

By combining network intelligence, an understanding of network topology and automated mitigation capabilities, Protego’s products help companies to identify and eliminate network attacks while maintaining network compliance.

The 38-strong Protego team will be integrated into Cisco’s Security Technology Group.