As enterprises digitize their businesses and 50 billion devices come online over the next five years, cyber attackers are perpetually trying to stay one step ahead of these trends and becoming more adept at exploiting security weaknesses and avoiding detection. To help customers address these nascent risks, Cisco is focused on delivering solutions across the extended network, what we call Security Everywhere. We are embedding threat protection capabilities from the enterprise infrastructure to the data center, from mobile to the cloud, and through to endpoints.
To address this proliferation of security threats and help our customers protect their networks and endpoints, we are pleased to announce Cisco’s intent to acquire privately-held Lancope, Inc. Lancope, through its StealthWatch system, provides network behavior analytics, threat visibility and security intelligence to protect enterprise networks against today’s top threats.
Lancope has been part of Cisco’s security solution for many years through a successful commercial relationship and now we are coming together as one team. Our combined solutions help secure customers’ resources and critical assets by using their network as a sensor—extending protection further into their networks and allowing them to see more threats and to identify these threats faster. Together, Cisco and Lancope will advance Cisco’s Security Everywhere strategy of providing advanced threat protection across the full attack continuum—before, during and after an attack.
The acquisition of Lancope compliments our other recent security acquisitions including OpenDNS, Portcullis, and Neohapsis. We look forward to welcoming the Lancope team to Cisco’s Security Business Group led by David Goeckeler, senior vice president and general manager. We expect the acquisition to close in the second quarter of Cisco’s current fiscal year.