largest maker of networking technology in the world continues to invest in buying companies and ther acquire Sourcefire, a company that develops technology for Internet security § a.
Cisco Systems has agreed to the purchase of Sourcefire, a company that develops technology for Internet security, for 2.7 billion dollars, the company said in a statement quoted by Bloomberg. The amount corresponds to 76 cents per share, ie 29% more than the closing stock market trading at its meeting on Monday.
With this acquisition, Cisco will compete with some security vendors smaller as the Palo Alto Networks and Fortinet. Revenues from technology led by John Chambers will benefit from this agreement, as well as the credibility of the company, said Jason Ader, an analyst at William Blair & Co. told Bloomberg News.
In the United States of America, Cisco lost 0.27% to $ 25.65 per share, after this announcement. Already Sourcefire, to negotiate in the same country, totaled 27.84% to 75.53 cents.
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