Cisco to Purchase Intellishield Alert Manager Assets of Cybertrust
Cisco Systems today announced a definitive agreement to purchase select intellectual property and assets of Cybertrust of Herndon, Va.. Cisco will purchase assets, intellectual property, customer contracts and other components of Cybertrust's security intelligence information service, known as Intellishield Alert Manager.
Under the terms of the agreement, Cisco will pay $14 million in cash in exchange for the technology, customer contracts and other components of Cybertrust's Intellishield Alert Manager. The purchase is subject to various standard closing conditions and is expected to close in the second quarter, ending January 28, 2006, of Cisco's fiscal year 2006.
posted by Fergie @ 11/30/2005 07:56:00 AM
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