Cisco, a leading provider of networking solutions, has announced its intention to acquire Valtix, a startup focused on providing security solutions for multi-cloud networks. The acquisition is aimed at enhancing Cisco’s capabilities in the area of cloud security, enabling the company to offer advanced security technologies to protect cloud-based applications and workloads.
As companies increasingly move their applications and data to the cloud, the need for robust security solutions to protect these assets has become paramount. Valtix has developed advanced security solutions that enable organizations to secure their multi-cloud environments while also providing visibility and control over network traffic. With the acquisition of Valtix, Cisco will be able to offer these solutions to its customers, enhancing its position as a leading provider of secure multi-cloud networking solutions.
The terms of the deal have not been disclosed, but it is expected to close in the next few months, subject to regulatory approval. The acquisition of Valtix is part of Cisco’s broader strategy to enhance its security capabilities and expand its presence in the cloud market.
Valtix was founded in 2018 and has quickly gained recognition for its innovative security solutions. The company’s flagship product, Valtix Security Platform, is a cloud-native security solution that provides advanced threat detection and prevention capabilities for multi-cloud environments. The platform also provides visibility and control over network traffic, enabling organizations to identify and respond to security threats in real-time.
Valtix’s technology is particularly well-suited for multi-cloud environments, where organizations use multiple cloud providers to host their applications and data. With Valtix’s solutions, organizations can ensure that their cloud-based assets are protected from cyber threats, regardless of the cloud provider being used.
The acquisition of Valtix is expected to complement Cisco’s existing security solutions, which include Cisco SecureX, Cisco Umbrella, and Cisco Identity Services Engine (ISE). These solutions enable organizations to secure their networks and applications, protect their endpoints, and provide identity and access management capabilities. With the addition of Valtix’s solutions, Cisco will be able to offer a comprehensive suite of security solutions for multi-cloud environments.
In addition to enhancing its security capabilities, the acquisition of Valtix is also expected to help Cisco expand its presence in the cloud market. As more organizations move their applications and data to the cloud, there is a growing need for networking solutions that can provide secure and reliable connectivity between different cloud providers. With Valtix’s technology, Cisco will be able to offer a solution that addresses this need, enabling organizations to securely connect their multi-cloud environments.
The acquisition of Valtix is also expected to benefit Cisco’s partners and customers. Partners will be able to offer their customers a more comprehensive suite of security solutions for multi-cloud environments, while customers will benefit from enhanced security capabilities and improved visibility and control over their network traffic.
In conclusion, the acquisition of Valtix is a strategic move by Cisco to enhance its security capabilities and expand its presence in the cloud market. With Valtix’s innovative security solutions, Cisco will be able to offer a comprehensive suite of security solutions for multi-cloud environments, enabling organizations to protect their cloud-based assets from cyber threats. The acquisition is also expected to benefit Cisco’s partners and customers, who will be able to offer and benefit from enhanced security capabilities and improved visibility and control over network traffic.
