Cisco Eyes Astrix Security for $250M-$350M AI Deal
Why it matters: Cisco's potential acquisition of Astrix Security for up to $350M expands its cybersecurity capabilities into AI agent security.
- Cisco Systems is in talks to acquire Astrix Security (The Information).
- Astrix Security sells software designed to monitor and secure AI agents (The Information).
- The acquisition is estimated to be valued between $250 million and $350 million (The Information).
Cisco Systems is reportedly in advanced talks to acquire Astrix Security, an Israeli cybersecurity startup specializing in software to monitor and secure AI agents. The potential acquisition, valued between $250 million and $350 million, would integrate Astrix's five-year-old technology into Cisco's offerings.
