Banking And InsuranceCryptocurrencyDigital MarketingErpFood And BeveragesHealthcareLegalMarketing And AdvertisingMedia And EntertainmentMetals And MiningOil And GasRetailTelecom
Artificial IntelligenceBig DataCloudCyber SecurityE CommerceEducationGaming And VfxIT ServiceMobileNetworkingSAPScience And TechnologySecuritySoftwareStorage
CiscoDatabaseGoogleIBMJuniperM2MMicrosoftOracleOracleRed Hat
CEO ReviewCompany Review

The Silicon Review Asia

Due Security: Now acquired by Cisco Systems

Due Security: Now acquired by Cisco Systems

The latest news on Cisco’s acquisition of the cloud-based security company called Due Security is certainly making a buzz. Cisco is ready to pay $2.35 US dollars for the acquisition and is ready to expand its empire. Another news flash is that the shares in Cisco added 0.6 percent that is $42.79 US dollars during the midday trade. Also, the company made a statement that the deal would close by the end of its fiscal year 2019. The company managed to show itself to Cisco and it is obvious that the decision makers ended up being happy. Time has certainly changed over the years and cloud-based security companies like Due Security might shine says few reports.

Due Security is a privately held company that is located in Ann Arbor, Michigan. It is valued at US$1.17 Billion that completely focuses on preventing security breaches by providing cloud-based tools for its customers. According to the CEO of Cisco is moving deeper software and Chuck Robbins also added that it will be a good step to take the company to the next level. In 2017 the company saw $2 billion US dollars annual revenue. This accounted for $2.15 billion in sales out of the company’s total of $48 billion. Let us see what happens in the future for the company.


Tariff plans will cost higher from the next financial year as telecom companies are gearing up to increase rates

The ongoing Covid pandemic had significantly increased the number of mobile and internet users worldwide. The high amount of usage is expected to drop...

Business Travelers to Stay at Singapore’s Changi Airport Bubble

Singapore’s open economy depends heavily on tourism and business. But its vibrant but small economy has been hurting as the circumstances due to...

Countries in Asia-Pacific are marching towards ‘green recovery’ amidst Covid-19 crisis

2020 has been an unforgettable year for many of us. The ongoing Covid crisis has reminded people that it is very important to have an uninterrupted an...

Department of Telecommunication to announce the new schedule for 5G trials

Department of Telecommunications (DoT) is all set to announce the new schedule for 5G trials. The Dot made this decision after being pulled by the par...