Buy-happy Cisco Scoops Up Security Startup Rohati Systems
Buy-happy Cisco Scoops Up Security Startup Rohati Systems
Posted 01/11/2010 at 6:07am
| by Paul Lilly
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Cisco has shown no aversion to spending money acquiring companies in 2009, and that trend continues into the new year with the buyout of Rohati Systems, a security startup specializing in delivering agent-less access management for organizations.
Interestingly, neither company has so far dropped a press release announcing the acquisition, leading some to wonder if it was just speculation, but Cisco apparently confirmed the transaction to eWeek.
"Cisco can confirm that it has acquired privately held Rohati Systems, a developer of access management solutions for virtualized data centers and cloud-based networks," a Cisco spokesperson said, according to eWeek. "The employees of Rohati Systems will be joining Cisco's Nexus product team.
Neither company has disclosed financial terms of the deal.
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Morete
January 11, 2010 at 7:40am
I wish that Cisco would invest and spend their money in what they already have instead of in more third party acquisitions, especially their Linksys line of wireless hardware and software. With all of the complaints out there regarding their Linksys products, maybe it would help their bottom line to improve their retail wireless gear. While all wireless products have their share of consumer complaints, this could be their chance to set the higher standard.
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