Cisco to Acquire OpenDNS for $635 Million

by Istvan Fekete on July 1, 2015

Cisco has announced that it will acquire OpenDNS for $635 million. OpenDNS is a privately held security company based in San Francisco providing advanced threat protection for any device, anywhere, anytime.

The company says the merger will benefit Cisco’s Security Everywhere approach by giving it visibility and threat intelligence from OpenDNS’s cloud-based platform.
OpenDNS has found a niche in maintaining a network of domain name servers to enable the routing of Web traffic, competing with ISPs and traditional service providers. As a result, users are able to reach websites more quickly. Over time, the company has grown to 65 million users and currently serves out of 25 data centres.

“The acquisition will extend our ability to provide customers enhanced visibility and threat protection for unmonitored and potentially unsecure entry points into the network, and to quickly and efficiently deploy and integrate these capabilities as part of their defense architecture,” wrote Hilton Romanski, senior vice president and head of business development for Cisco, in a blog post. “This acquisition builds on Cisco’s security strategy, adding broad visibility and predictive threat intelligence from OpenDNS’ cloud platform, accessed by more than 65 million users daily.”

OpenDNS has also focused on developing services that can prevent attacks from specific Internet domains and encrypt Web traffic so hackers cannot access such data. In the light of the growing number of connected devices, which is projected to reach 50 billion by 2020, such threats are set to rise, so security remains a top priority.

As the deal closes, the OpenDNS team will become part of the Cisco Security Business Group organization led by senior vice president and general manager David Goeckeler. In addition to OpenDNS, Cisco has acquired cybersecurity vendor Sourcefire for $2.7 billion and malware-detection technology company ThreatGrid Inc.

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Written by: Istvan Fekete. Follow by: RSS, Twitter, Facebook, or YouTube.

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