Duo Security to be acquired by Cisco for $2.35bn

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In this post: Duo

Index thanks Dug, Jon, and all of our friends at Duo for their hard work and accomplishments.

Duo has enjoyed a rare combination of beautiful software, a terrific business model, a thoughtful brand and world-class leadership. Their exceptional technology has set them apart and enabled them to become 'The Most Loved Company in Security."

We've sincerely appreciated the opportunity to learn from you and your craft. Thank you and congrats on your next chapter! 

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Cisco Announces Intent to Acquire Duo Security

Acquisition Will Help Accelerate Cisco’s Intent-Based Networking Strategy, Allowing Customers to Securely Connect Users to Any Application on Any Network

Cisco (NASDAQ: CSCO) today announced its intent to acquire privately-held Duo Security, headquartered in Ann Arbor, Mich. Duo Security is the leading provider of unified access security and multi-factor authentication delivered through the cloud. Duo Security’s solution verifies the identity of users and the health of their devices before granting them access to applications – helping prevent cybersecurity breaches. Integration of Cisco’s network, device and cloud security platforms with Duo Security’s zero-trust authentication and access products will enable Cisco customers to easily and securely connect users to any application on any networked device.

Read the full statement on Duo's website. 

Published — Aug. 2, 2018