Sourcefire, Inc was a technology company that developed network security hardware and software. The company's Firepower network security appliances are based on Snort, an open-source intrusion detection system (IDS). Sourcefire was acquired by Cisco for $ billion in July
On October 7, Cisco completed the acquisition of Sourcefire, a leader in intelligent cyber security solutions. With the close of this acquisition, Cisco will.
Cisco has just announced the acquisition of Sourcefire, a company that creates cybersecurity products to protect companies from attacks.
The purchase of Sourcefire is likely to be an important step for Cisco, as the company has lost valuable marketshare in recent years after failing.
The deal is Cisco's biggest since its $5 billion acquisition of NDS Group Ltd. Last year, the company reported $5 million in profit on revenue.
“Cisco's acquisition of Sourcefire will help accelerate the realization of our vision for a new model of security across the extended network,”.