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New Deal


Announced

Cisco Systems to acquire Lightspin Technologies.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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cloud security

digital solutions

Digital Services

Single Bidder

Majority

Friendly

Pending

Cross Border

Acquisition

cloud solutions

Israel

Private

Synopsis

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Cisco Systems, an American-based multinational digital communications technology conglomerate, agreed to acquire Lightspin Technologies, a privately-held cloud security software company headquartered in Tel Aviv. Financial terms were not disclosed. "Lightspin takes a unique approach to contextualized cloud-security coverage, using graph-based technology to deliver key context, prioritization, and remediation recommendations. Cisco and Lightspin are aligned with a common goal to help customers modernize their cloud environments with end-to-end security and observability from build to runtime," Cisco.

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