Cisco closes on $2.35B deal for Duo Security

|About: Cisco Systems, Inc. (CSCO)|By:, SA News Editor

Cisco Systems (CSCO +0.4%) has closed its acquisition of privately held Duo Security.

The company's paying $2.35B in cash and assumed equity awards, marking its biggest deal since last year's acquisition of AppDynamics.

Duo's CEO and co-founder Dug Song and team are slotting into Cisco's Networking and Security business.

Subscribe for full text news in your inbox