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Cisco buys behaviour blocker
$154m stock deal
In Brief Cisco Systems is to acquire security firm Okena in a $154 million all-stock deal.
Okena's technology takes a behaviour-based approach to blocking malicious activity on servers or desktops. The technology is positioned as a complementary addition to traditional signature-based anti-virus software.
According to Cisco, Okena's software aggregates and extends multiple endpoint security functions - Host-based Intrusion Detection (HIDS), distributed firewall, malicious code protection and operating system lockdown - in a single package.
The acquisition is expected to close in Q3, when Okena's 52 employees will join Cisco's Virtual Private Network and Security Business Unit
Cisco expects to take a one-time charge of less than $0.01 per share in acquiring Okena. ®