Why Cisco Is Eyeing Buy of Non-Human Identity Startup Astrix
Deal Would Help Cisco Expand Footprint Beyond Authentication, ITDR and ISPM
Cisco's cyber M&A dry spell could soon come to an end, with the company reportedly in talks to acquire New York-based non-human identity startup Astrix Security for between $250 million and $350 million. That would represent at least a 25% premium to the startup’s last valuation of around $200 million.
Cisco's cyber M&A dry spell could soon come to an end, with the company reportedly in talks to acquire New York-based non-human identity startup Astrix Security for between $250 million and $350 million. That would represent at least a 25% premium to the startup’s last valuation of around $200 million.