Home / M&A Activity / Hilton Romanski: Cisco to Buy OpenDNS in Connected-Device Security Push

Hilton Romanski: Cisco to Buy OpenDNS in Connected-Device Security Push

CybersecurityCisco has agreed to purchase network security firm OpenDNS for $635 million cash in a push to help organizations protect their connected devices against sophisticated threats.

The companies seek to integrate OpenDNS’ predictive threat intelligence and software-as-a-service cloud security platform with Cisco’s Security Everywhere framework to mitigate the risk of breaches, Cisco said Tuesday.

“Together, we will help customers protect their extended network wherever the user is and regardless of the device, ” said Hilton Romanski, chief technology and strategy officer of Cisco.

San Francisco-based OpenDNS will operate under Cisco’s security business group, led by David Goeckeler, once the deal closes.

Cisco expects to wrap up the purchase in the first quarter of its 2016 fiscal year and would assume OpenDNS equity awards and employee retention incentives as part of the transaction.

Check Also

IndraSoft to Help Transform Air Force Software Dev’t Under $95M Basic Ordering Agreement

The Air Force Life Cycle Management Center has awarded IndraSoft a potential five-year, $95M basic ordering agreement to support a software development transformation initiative within AFLMC's cryptologic and cyber systems division.

Boeing Lands $92M Contract for Navy, Kuwait Aircraft Engineering Services

Boeing (NYSE: BA) has received a potential five-year, $92.3M contract to engineer aircraft and weapon systems for the U.S. Navy and the government of Kuwait.