01/10/2018 · SAN JOSE, Calif. – October 1, 2018 – Cisco NASDAQ: CSCO today announced it has completed the acquisition of Duo Security, a privately-held company headquartered in Ann Arbor, Michigan. Duo is the leading provider of unified access security and. 02/08/2018 · Cisco Systems Inc. announced today it plans to acquire privately held Duo Security Inc., an Ann Arbor, Mich.-based maker of a cloud-based access control and multifactor authentication product, for $2.35 billion in cash and assumed equity awards. Duo’s cloud-based zero-trust security platform.
Cisco acquires Duo Security on 2018-08-02 for $2350000000. Cisco develops, manufactures, and sells networking hardware, telecommunications equipment,. Cisco announced the acquisition of Duo Security the leading provider of unified access security and multi-factor authentication delivered through the cloud. Duo’s solution verifies the identity of users and the health of their devices before granting them access to applications – helping prevent cybersecurity breaches. Integration of Cisco.
02/08/2018 · Cisco NASDAQ: CSCO is to acquire Duo Security, an Ann Arbor, Mich.-based provider of unified access security and multi-factor authentication delivered through the cloud. Under the terms of the agreement, Cisco will pay $2.35 billion in cash and assumed equity awards for Duo Security’s. 02/08/2018 · Cisco Systems is acquiring Duo Security for roughly $2.35 billion, the networking company confirmed this morning. Duo, which specializes in two-factor authentication 2FA, endpoint security and single sign-on SSO technology, surpassed $100 million in annual recurring revenue in. Cisco has agreed to buy Duo Security, an identity-based cybersecurity startup that sells 2-factor authentication tools, for $2.35 billion. 16/08/2018 · When Cisco bought Ann Arbor, Michigan security company, Duo for a whopping $2.35 billion earlier this month, it showed the growing value of security and security startups in the view of traditional tech companies like Cisco. In yesterday’s earnings report, even before the ink had dried on the Duo acquisition contract, Cisco was. 01/10/2018 · Cisco acquired Duo Security for $2.35 billion in cash and assumed equity awards for 100% of Duo's outstanding shares, warrants and equity incentives on a fully-diluted basis. Duo CEO and co-founder Dug Song and team are joining Cisco's Networking and Security business led by EVP and GM David Goeckeler.
08/08/2018 · Cisco paid a premium for this acquisition. In February this year, Duo Security claimed to have passed the $100 million annual recurring revenue milestone, indicating that Cisco had paid a hefty premium to acquire it. As we’ve seen in this series, Cisco’s Security business segment is one of the high-growth segments in which the company. Cisco said this week it expects to close the cash deal by the end of October. Following the Duo acquisition, Cisco will make Duo part of its security business under its general manager and executive vice president, David Goeckeler. 02/08/2018 · Editor’s Note: Please click here for a recap of the biggest channel-impacting merger and acquisition news from April and May. Privately held Duo Security has technology that Cisco sees as advantageous to its intent-based networking strategy, so Cisco. Cisco security has integrated a comprehensive portfolio of network security technologies. Cisco has completed the acquisition of Duo Security. Learn why Duo Security is a strategic addition to our intent-based networking and security portfolio. EVENT. Join us at the next Cisco security event.
02/08/2018 · Cisco Systems is buying Michigan-based two-factor authentication unicorn Duo Security, Inc. for $2.35 billion, both companies said Thursday. The acquisition is Cisco’s largest since its $3.7 billion buyout of AppDynamics in early 2017. Cisco shares dipped slightly on the news. Duo Security. Today, Cisco announced that it has acquired Ann Arbor, Michigan/California-based Duo Security for $2.35 billion in cash. Founded in 2010, Duo Security has been growing rapidly over the last few years with its multifactor authentication MFA offering and has raised over $120 million in venture financing to date. Based on Forrester’s estimates. 01/10/2018 · SAN JOSE, Calif., Oct. 01, 2018 GLOBE NEWSWIRE -- Cisco NASDAQ: CSCO today announced it has completed the acquisition of Duo Security, a privately-held company headquartered in Ann Arbor, Michigan. Duo is the leading provider of unified access security and multi-factor authentication delivered.
American networking giant Cisco Systems has announced that it is going to acquire ‘Duo Security’ for $2.35 billion in cash. The deal is said to allow the American multinational technology conglomerate to step into the market for unified access security and multifactor authentication. 06/08/2018 · Cisco's acquisition of Duo Security opens many new IAM and cloud security opportunities for Cisco, but additional work remains. Last week, Cisco jumped head first into the identity and access management IAM market with its acquisition of Duo Security. Cisco Systems is acquiring Duo Security, a multi-factor authentication MFA and zero-trust security platform provider, for $2.35 billion. The acquisition likely will have far-flung effects on Cisco, Duo and each company’s respective customers, along with the global managed security services market. 02/08/2018 · Cisco announced on Thursday that it will pay $2.35 billion in cash to acquire cloud-based identity and access management solutions provider Duo Security. Ann Arbor, Michigan-based Duo raised $70 million in Series D funding in October 2017, which valued the company at. 02/08/2018 · Cisco's Duo Security Acquisition Part Of Intent-Based Networking Plan. Duo's cloud-based SaaS solution for unified access security and multi-factor authentication will play an important role in extending Cisco's intent-based networking solutions.
02/08/2018 · Cisco Systems Inc., the biggest provider of the machinery that forms the backbone of the internet, said it plans to buy Duo Security for $2.35 billion, adding to its offerings in cloud-based security. 02/08/2018 · Acquisitions have long played a key role in Cisco’s build, buy, partner, invest and co-develop innovation strategy. They help position us to enter new growth markets and extend our leadership in priority areas such as security. That’s why I am excited about our intent to acquire Duo Security.
06/08/2018 · Cisco's willingness to pay such a high premium for Duo to expand its security portfolio isn't surprising. It has plenty of cash to spend, and it desperately needs to grow its software and security businesses. Looking ahead, investors should expect Cisco to buy more companies to. 11/12/2019 · Duo’s trusted access solution is a user-centric zero-trust security platform to protect access to sensitive data at scale for all users, all devices and all applications.
Cisco Completes Acquisition of Duo Security Cisco NASDAQ: CSCO today announced it has completed the acquisition of Duo Security, a privately-held company headquartered in. Cisco is acquiring the leading cloud-based two-factor authentication services provider Duo Security for $2.35 billion in cash and assumed equity awards. Headquartered in Ann Arbor Mich, Duo Security’s multi-factor authentication solution verifies the identity of users and health of their devices before providing access to applications.
01/10/2018 · Cisco NASDAQ: CSCO today announced it has completed the acquisition of Duo Security, a privately-held company headquartered in Ann Arbor, Michigan. Duo is the leading provider of unified access security and multi-factor authentication delivered through the cloud. Duo. 01/10/2018 · Duo in combination with products like Umbrella, Stealthwatch, ISE and Tetration will enable Cisco to provide an end-to-end Zero Trust Architecture. Together, Cisco and Duo are designing infrastructure for the extended enterprise where users, devices and applications are the center of the modern security architecture.
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