Cisco eats spam
January 4th, 2007Now that they’ve purchased IronPort Systems, there’s an anti-spam appliance in the portfolio they can now push.
The purchase price was a whopping $830 million. With spam now on even grandma’s mind, I suspect IronPort could have garnered an even higher market cap in the public markets, making it a good deal for Cisco. It’s probably also a good one for IronPort’s CFO Craig Collins - he doesn’t have to write the S-1 and/or play Sarbanes-Oxley jockey going forward.
It’s January 4 - the analysts are batting a thousand right now.
Posted in Spamroll on Thursday, January 4th, 2007 at 8:41 am
| Tags: acquisition, Cisco, IronPort
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