Cisco eats spam

Now 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.