Cisco to acquire Isovalent, terms not disclosed

Cisco announced the intent to acquire Isovalent, a company in open source cloud native networking and security, to bolster its secure networking capabilities across public clouds. The acquisition of Isovalent will build on the Cisco Security Cloud vision, an AI-driven, cloud delivered, integrated security platform for organizations of any shape and size. The Cisco Security Cloud enables customers to abstract security controls from multicloud infrastructure to provide advanced protection against emerging threats across any cloud, application or workload. The Isovalent team will join the Cisco Security Business Group once the acquisition closes, which is expected in the third quarter of fiscal year 2024.