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Lancope

Company

The Lancope company founded in 2000 – the pioneer and the leader in the NetFlow market, solutions of monitoring and protection of internal network with a possibility of the analysis of network behavior (Network Behavior Analysis, NBA) and generation of response. The StealthWatch system of Lancope company protects the enterprises from internal wrong, unauthorized or malicious use of network and the known and unknown threats which bypass traditional security aids. Lancope is also a partner of the companies delivering the best solutions within Technology Alliance Program which includes Cisco Systems, Brocade, Blue Coat, VMware, IBM Tivoli, Check Point, TippingPoint, ArcSight and A10 Networks.

Owners:
Cisco Systems - 100%

Owners

Lancope — the large developer of solutions for detection of anomalies in networks of the companies and monitoring of their performance on the basis of information on behavior of network. According to analysts of IDC for 2014, Lancope share in the world market of technologies of the analysis of threats and protection against them makes 5.5%.

2015: Lancope purchase by Cisco company

On October 27, 2015 the Cisco corporation announced Lancope purchase more than for $450 million. Thus, the American producer of network equipment continued to strengthen the business in information security field (cybersecurity) due to absorption of profile assets.

Under the terms of the transaction which Cisco is going to close within the second financial quarter (will come to the end in January, 2016), the company will pay for Lancope about $452.5 million cash and options and also will issue awards to employees who will join it from the absorbed firm. It is approximately about 300 employees who will pass into the Information security department of Cisco Security Business Group headed by David Goeckeler.

Cisco buys the IB-large developer of solutions Lancope for $453 million

Cisco are familiar to Lancope technology as the companies cooperated for several years: the American giant sold the network infrastructure together with the solution Lancope StealthWatch.

Cisco says that purchase of Lancope will add the strategy of the company aimed at providing protection against threats at all stages – from their prevention before elimination and mitigation of consequences. The portfolio of the cybersecurity products Cisco will extend, in it means of the analysis of network behavior will appear.

"For many years Lancope was a part of cybersecurity solutions of Cisco within successful commercial cooperation, and now we merge in one command — the vice president for corporate development of Cisco Rob Salvagno says. – As a result of Lancope incorporation our integrated solutions will be able to turn client networks into control facilities behind security".

From 2013 to 2015 Cisco actively improved the technologies of ensuring cyber security by means of purchase of cybersecurity developer. In particular, the companies Sourcefire OpenDNS, by ThreatGrid, Portcullis and Neohapsis were purchased.[1]

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