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Cisco to acquire threat assessment platform Kenna Security

PARIS, FRANCE - MAY 17: The logo of the US computer company Cisco Systems is displayed during the 4th edition of the Viva Technology show at Parc des Expositions Porte de Versailles on May 17, 2019 in Paris, France. Viva Technology, the new international event brings together 9000 startups with top investors, companies to grow businesses and all players in the digital transformation who shape the future of the internet. (Photo by Chesnot/Getty Images)

Cisco has confirmed the acquisition of Kenna Security for an unspecified amount. Kenna Security is the creator of a risk-based threat detection program.

This is Cisco’s third purchase this week. Earlier this week, the firm revealed its intention to buy Sedona Systems and Socio Labs but did not reveal financial terms.

Kenna is Cisco’s first major investment in the defense space after it acquired Duo Security for $2.35 billion in 2018.

Kenna Security is a market pioneer in risk-based vulnerability prioritization, having secured over 14 million properties and handled over 12.7 billion vulnerabilities.

“By mixing data science with threatening information in the modern world, it has shown the capability of integrating data from various providers and a comprehensive approach to IT risk hazards,” Gee Rittenhouse, senior vice president, and general manager of Cisco’s Security Business Group said on Friday.

Cisco SecureX is a cloud-native interface that provides consumers with a single view of their environments, eliminating the need to switch between different dashboards or handle overlapping warnings or policies.

“We should merge leading threat monitoring skills and risk-specific vulnerability management with Kenna Security in order to greatly improve our consumer network strategies by incorporating Kenna Security into SecureX,” said Rittenhouse.

Cisco expects to complete the transaction in the fourth quarter of the fiscal year 2021.

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Written by Ankur J Kakoti


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