Cisco Announces Intent to Acquire ThreatGRID

The acquisition of ThreatGRID and its team of security innovators strengthen Cisco's security strategy to deliver intelligent and comprehensive cybersecurity for the real world. ThreatGRID's technology enhances Cisco's Advanced Malware Protection (AMP) portfolio, originally developed by Sourcefire, acquired in 2013. ThreatGRID's on-premise products also expand their ability to help protect customers with in-house data retention requirements. AMP addresses customers' security needs from network to endpoint and delivers comprehensive malware-defeating capabilities, including detection and blocking, continuous analysis and retrospective remediation of advanced threats. The combination of Cisco and ThreatGRID will enhance capabilities to aggregate and correlate data to identify advanced and evasive cyber threats and provide intelligent cybersecurity solutions for the real world.

Mergers and acquisitions (M&A) and investments are a key part of Cisco's innovation strategy that includes build, buy, partner, and integrate. This acquisition further supports Cisco's priority to deliver innovative security offerings and to be the number one IT company, and security partner. The acquisition is expected to close in the fourth quarter of fiscal year 2014.