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CSCO Cisco CDR Cad Hedged

28.63
0.25 (0.88%)
After Hours
20:59:58Realtime Data
Name Symbol Market Type
Cisco CDR Cad Hedged NEO:CSCO NEO Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.25 0.88% 28.63 28.29 28.36 28.63 28.63 28.63 3,300 20:59:58

Cisco to Acquire Isovalent

21/12/2023 2:50pm

Dow Jones News


Cisco CDR Cad Hedged (NEO:CSCO)
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By Dean Seal

 

Cisco Systems has agreed to acquire the open-source cloud company Isovalent for an undisclosed amount of money.

The networking-equipment giant said Thursday that Isovalent's team will join Cisco's Security Business Group.

Cisco said Isovalent is a major contributor to the open source technology eBPF and has led on the development of Cilium, a top cloud native solution for networking and security.

The acquisition is expected to close in the third quarter of 2024.

The deal comes about three months after Cisco said it would pay $28 billion to buy the analytics and security-software company Splunk.

 

Write to Dean Seal at dean.seal@wsj.com

 

(END) Dow Jones Newswires

December 21, 2023 09:35 ET (14:35 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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