Monday, June 13, 2005

Cisco Acquires M. I. Secure for VPN

Cisco Systems has acquired privately-held M. I. Secure Corporation, a developer of advanced features and functionality for security and VPN solutions. Under the terms of the agreement, Cisco will pay up to approximately $13 million in cash. The company is based in San Jose, California.

Cisco said the acquisition brings unique security technology expertise and a team of proven security architects to Cisco. The company is now part of Cisco's Security Technology Group (STG).

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