SAN JOSE, Calif., Aug. 27, 2015 – Cisco (NASDAQ: CSCO) today announced it has completed the acquisition of OpenDNS, a privately held company that provides advanced threat protection for any device, anywhere, anytime. The acquisition will advance Cisco’s Security Everywhere approach by adding broad visibility, enforcement, and threat intelligence from the OpenDNS cloud-delivered platform. In addition to the close of the acquisition, Cisco is announcing the first technology integration of Cisco AMP Threat Grid with OpenDNS services.
Cisco is demonstrating how the OpenDNS acquisition is already accelerating its cloud-delivered security portfolio by unveiling today integration between the technology platforms, which allows joint customers of the OpenDNS Umbrella service and AMP Threat Grid intelligence to benefit. An API connects OpenDNS’ global capability with AMP Threat Grid’s dynamic malware analytics and threat intelligence. This new integration enables AMP Threat Grid customers to automatically transform threat intelligence into threat enforcement by blocking malware and quickly identifying critical security threats discovered by the AMP Thread Grid service.
“Delivering pervasive security capabilities from the cloud is a core part of our mission to provide Security Everywhere across the extended network from data center to the cloud to mobile devices.” said David Goeckeler, senior vice president and general manager, Cisco Security Business Group. “By integrating the OpenDNS platform with Cisco’s security solutions, customers will receive greater network visibility and threat intelligence for cloud delivered protection against malicious websites and threats. Together, we will deliver protection that is unmatched in the industry.”
OpenDNS employees join the Cisco Security Business Group led by Goeckeler. Additionally, David Ulevitch, founder and chief executive officer of OpenDNS, becomes vice president, reporting directly to Goeckeler.
Under the terms of the agreement Cisco paid $635M in cash and assumed equity awards, plus retention based incentives for OpenDNS.
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This press release may be deemed to contain forward-looking statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding Cisco offering newly integrated threat intelligence and automated global enforcement capabilities, the advancement of Cisco’s Security Everywhere approach, the offering of Cisco AMP Threat Grid with OpenDNS services, the expected benefits to Cisco and its customers, and plans regarding OpenDNS personnel. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results due to a variety of factors, including, among other things, the potential impact on the business of OpenDNS due to the uncertainty about the acquisition, the retention of employees of OpenDNS and the ability of Cisco to successfully integrate OpenDNS and to achieve expected benefits, business and economic conditions and growth trends in the networking industry, customer markets and various geographic regions, global economic conditions and uncertainties in the geopolitical environment and other risk factors set forth in Cisco’s most recent reports on Form 10-K and Form 10-Q. Any forward-looking statements in this release are based on limited information currently available to Cisco, which is subject to change, and Cisco will not necessarily update the information.