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Cisco buys security supplier Scansafe

Networking equipment supplier Cisco is buying web security company Scansafe.

Networking equipment supplier Cisco is buying web security company Scansafe.

Cisco will pay $183m for Scansafe, which specialises in software as a service security, as it attempts to improve its security credentials.

Cisco expects the web security market to grow to $2.3bn by 2012.

"With the acquisition of ScanSafe, Cisco is executing on our vision to build a borderless network security architecture that combines network and cloud-based services for advanced security enforcement," said Tom Gillis, general manager of Cisco's Security Technology Business Unit. "Cisco will provide customers the flexibility to choose the deployment model that best suits their organization and deliver anytime, anywhere protection against Web-based threats."

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