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Cisco To Buy Valtix

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Cisco Systems to acquire cloud-native network security startup Valtix as part of an effort to enhance its Security Cloud portfolio.

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Valtix is multicloud network security platform that allows cloud teams to meet stringent security requirements in a straightforward way.

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Valtix claims that its platform provides 100% security coverage through continuous discovery, takes only 30 seconds to adapt to new apps, and five minutes to deploy.

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Valtix's platform is available on Amazon Web Services, Microsoft Azure, and Google Cloud Platform, 

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And it has notable customers in the financial services, healthcare, retail, and government sectors.

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The Valtix team will join Cisco's Security Business Group and integrate its offering into Cisco's Security Cloud portfolio.

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Cisco did not disclose the price of the acquisition.

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The acquisition is expected to close in Cisco's fiscal third quarter, which ends on April 30.

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