4. Raj Chopra, Cisco
Cisco is acquiring Valtix, a multicloud network security platform as a service, to increase its cloud security capabilities. The deal should close by April 30.
Cisco isn’t disclosing financial details of the transaction.
“This is a central principle for our vision for the Cisco Security Cloud, a global, cloud-delivered, integrated networking and security platform for organizations of any shape and size,” said Raj Chopra, senior vice president and chief product officer for Cisco Security.
“In alignment with that vision, Cisco is excited to announce our intent to acquire Valtix, a privately held cloud network security company founded in 2018.”
Discover more about Cisco’s role as a prior strategic investor in Valtix.