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Cisco completes acquisition of Isovalent to define the future of multicloud networking and security

Apr 12, 2024over 1 year ago

Acquiring Company

Cisco

Acquired Company

Isovalent

MunichMountain Viewinformation technology & servicesSecuritySoftware

Description

Cisco has completed the acquisition of Isovalent, a leader in open source cloud native networking and security. This acquisition is a significant step forward in Cisco's commitment to define the future of secure, multicloud networking. Isovalent's innovative technologies will become a cornerstone of the Cisco Security Cloud vision, an AI-driven, cloud-delivered, integrated security platform designed to accommodate organizations of any size, offering cutting-edge protection against threats in a multicloud world.

Company Information

Company

Cisco

Location

170 West Tasman Drive

Munich, Bavaria, Germany

About

Cisco (NASDAQ: CSCO) is the worldwide technology leader that securely connects everything to make anything possible. Our purpose is to power an inclusive future for all by helping our customers reimagine their applications, power hybrid work, secure their enterprise, transform their infrastructure, and meet their sustainability goals. Discover more on The Newsroom and follow us on Twitter at @Cisco. SOURCE Cisco

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed