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US tech giant Cisco to buy Tel Aviv cybersecurity startup Lightspin

Summary by Ground News

Cisco Systems Inc., a US maker of networking software and hardware, said in a blog post late on Wednesday that it intends to acquire Israel's Lightspin Technologies Ltd. No financial details were provided, but Hebrew media reports estimated the deal to be worth between $200 million and $250 million. Lightspin built a cloud security management platform using graph-based proprietary algorithms.

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The Times of Israel

US tech giant Cisco to buy Tel Aviv cybersecurity startup Lightspin

Startup set up in 2020 has raised $25 million in funding to build cloud security platform; deal said to be valued at $200-$250 million

2 years ago·Jerusalem, Israel

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The Times of Israel broke the news in Jerusalem, Israel 2 years ago on Thursday, March 30, 2023.

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