Cisco buys anti-spam co., IronPort Systems for $830 million

Cisco buys anti-spam co., IronPort Systems for $830 million

Networking giant Cisco agreed to acquire anti-spam and spyware security company IronPort Systems for $830 million in cash and stock.

Ironport, of San Bruno, Calif., soaked up about $100 million from its founding in 2000, so this is a big win for its ten investors.

They include New Enterprise Associates, the big Silicon Valley venture capital firm, which invested $18 million into the company two years ago. Others are Allegis Capital, Amicus, Menlo Ventures, Chevron Corp., General… Continue Reading