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Cisco Buys Security Firm OpenDNS for $635 million

Cisco Buys Security Firm OpenDNS for $635 million Image Credit: Cisco

Cisco, Tuesday announced its intent to acquire OpenDNS, a privately held security company based in San Francisco that provides advanced threat protection for any device, for a total sum of $635 million. The company aims to boost its Security Everywhere approach by adding broad visibility and threat intelligence from the OpenDNS cloud delivered platform. The OpenDNS team will join the Cisco Security Business Group organization led by David Goeckeler, senior vice president and general manager. 

OpenDNS' cloud platform offers security delivered in a Software-as-a- Service (SaaS) model, making it quick and easy for customers to deploy and integrate the solution as part of their defense architecture or incident response strategy. Cisco in a statement said that combining OpenDNS' broad visibility, unique predictive threat intelligence and cloud platform with its robust security and threat capabilities will increase awareness across the extended network, both on- and off-premise, reduce the time to detect and respond to threats, and mitigate risk of a security breach.

Hilton Romanski, Cisco chief technology and strategy officer
As more people, processes, data and things become connected, opportunities for security breaches and malicious threats grow exponentially when away from secure enterprise networks. OpenDNS has a strong team with deep security expertise and key technology that complements Cisco's security vision. Together, we will help customers protect their extended network wherever the user is and regardless of the device.

Author

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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