Cisco’s Acquisition of Neohapsis will Bolster its Cloud Security and Compliance Offerings

Cisco announces deal to acquire Neohapsis, a privately held security advisory company.

David Hamilton

December 30, 2014

2 Min Read
Cisco’s Acquisition of Neohapsis will Bolster its Cloud Security and Compliance Offerings



This article originally appeared at The WHIR

More than a year after its 2.7 billion acquisition of Sourcefire in an effort to bolster its threat protection across the “entire threat continuum”, Cisco has announced a deal to acquire Neohapsis, a privately held security advisory company which provides risk management, compliance, cloud, application, mobile, and infrastructure security solutions.

A blog post from Hilton Romanski, who leads corporate development at Cisco, outlines the deal which was made public this month.

“Together, Cisco, Neohapsis and our partner ecosystem will deliver comprehensive services to help our customers build the security capabilities required to remain secure and competitive in today’s markets,” writes Romanski. “This will help our customers overcome operational and technical security vulnerabilities, achieve a comprehensive view of their risks, take advantage of new business models, and define structured approaches for better protection.”

Security proves to be a major area of neglect for many businesses, and one where Cisco sees opportunities.

Earlier this month, IDC Canada and Cisco released a report stating that 60 percent of Canadian businesses lacked a security strategy. Furthermore, 22 percent of those surveyed reported a breach within the last 12 months, and 8 percent wouldn’t be able to say if they had experienced a breach or not.

In a blog post, Neohapsis president and CEO James Mobley wrote that Cisco is a “perfect strategic match” given its “services and research mission” including emerging threats around mobile and cloud, as well as the “Internet of Everything”. “Together, what we bring to enterprise customers, IoT device manufacturers, and associated service providers will be unique in the market.”

The Neohapsis team will join the Cisco Security Services organization under the leadership of SVP and GM Bryan Palma.

The acquisition is expected to close in Q2 2015. Financial details around the transaction were not made public.

As part of its strategy of moving beyond networking and towards the cloud and software market, Cisco has been making other notable acquisitions (and acqui-hires).

This trend includes the September acquisition of Metacloud, a provider of OpenStack private cloud provider. Metacloud’s employees will join Cisco’s Cloud Infrastructure and Managed Services organization when the deal closes in Q1 2015.

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