- Cisco (NASDAQ: CSCO) announced its intent to acquire privately held ScanSafe, Inc. Based in London and San Francisco, ScanSafe is a market leader of software-as-a-service (SaaS) Web security solutions for organizations ranging from global enterprises to small businesses.
Under the terms of the agreement, Cisco will pay approximately $183 million in cash and retention-based incentives.
The acquisition is subject to various standard closing conditions and is expected to close in the second quarter of Cisco's fiscal year 2010. - BWAY Corporation,...
Post new comment