Cisco has acquired Lightspin Technologies Ltd. a cloud security software company headquartered in Tel Aviv, Israel. Financial terms of the deal were not disclosed.
This is technology M&A deal number 97 that ChannelE2E and MSSP Alert have covered so far in 2023. See more than 2,000 technology M&A deals for 2022, 2021, and 2020 listed here.
Cisco Acquires Lightspin for Cloud-Native Security
Cisco is based in San Jose, California. The company has 98,028 employees listed on LinkedIn. Cisco's areas of expertise include Networking, Wireless, Security, Unified Communication, Cloud, Collaboration, Data Center, Virtualization, and Unified Computing Systems.
Lightspin, founded in 2020, is based in Tel Aviv, Israel. The company has 67 employees listed on LinkedIn. Lightspin's areas of expertise include cloud security, SaaS, Cloud Native Application Protection Platform (CNAPP), Attack Path Engine, and supports Amazon Web Services, Google Public Cloud, Microsoft Azure and Kubernetes.
The acquisition will bolster Cisco's cloud security offerings by adding Lightspin's end-to-end cloud security posture management (CSPM), cloud-native and cloud security technologies and expertise. Lightspin's team will tuck into Cisco's Emerging Technologies & Incubation (ET&I) business, Cisco said.
Cisco Security
The acquisition comes less than six months after Cisco took steps to improve its security products, which included a $20 million security branding campaign, the company said at the time. Last week, the company announced the availability of Cisco’s Partner Experience (PX) – the highly anticipated partner version of Cisco’s popular CX Cloud platform.
