Cisco to acquire startup Valtix to beef up its multicloud network security

▤ Summary

Cisco announced over the weekend that it intends to acquire Valtix, a startup that helps companies secure their environments across multiple clouds. The terms of the deal were not disclosed, which means it’s not a large enough transaction to have to be reported by a public company. “As a strategic investor in Valtix since 2020, Cisco supports Valtix’s commitment to simplify network security, protecting workloads no matter which cloud they are created or consumed in,” Cisco security business group SVP and chief product officer Raj Chopra wrote in a blog post announcing the deal. “With their cloud-native, easy-to-use control plane, they enable customers with common policy and enforcements of networking across all major public cloud environments,” he added. It’s not hard to see what Cisco likes about this company, especially as it relates to network security in a modern context, an area that Cisco has been trying to get into increasingly as it moves from a pure networking company to one that tries to focus more on software services and the cloud, chiefly through acquisition.

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