Cisco Acquisition Of Duo Security Makes Sense

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About: Cisco Systems, Inc. (CSCO), Includes: ZS
by: Hervé Blandin
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Hervé Blandin
Long only, value, long-term horizon
Summary

Cisco will pay $3.2 billion to acquire Duo Security, a cloud-based security company.

The acquisition perfectly fits into the strategy of the company.

The price is not exaggerated.

The acquisition of Duo Security by Cisco (CSCO) fits into the Cisco transformation strategy. The company is expanding its presence into the cloud with a subscription-based software solution.

It is a typical playbook