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Cisco Announces Intent to Acquire Kenna Security to Advance Security and IT Collaboration
Monday 17 May 2021

California-based technology conglomerate Cisco (NASDAQ: CSCO) has announced its intent to acquire California-based cybersecurity company Kenna Security, Inc., to simplify security and help customers improve collaboration between security and IT teams, the company said.

Terms of the transaction were not disclosed. The acquisition is expected to close in Cisco's fourth quarter of fiscal 2021.

Kenna's risk-based vulnerability management technology enables organisations to work cross-functionally to rapidly identify, prioritise and remediate cyber risks.

With this acquisition, Cisco will transform the way security and IT teams collaborate to reduce the attack surface and the time it takes to detect and respond.

With Kenna's technology, Cisco Security will be combining threat and risk-based vulnerability management as part of the SecureX platform, expanding the platform experience and enabling comprehensive scorecards for security controls and threat response performance.

This integration will help customers prioritise vulnerabilities; speed and automate decision making with tailored information; and accelerate response time for cyber readiness.
Date Published: 17/05/2021