Cisco has made it official that it is planning to buy Observable Networks to boost its enterprise security gear in the world of cloud computing. The company hasn’t disclosed the financial details of the deal but admitted that it is in an intention to grab the Saint Louis-based company by the end of the first fiscal year of 2018.
Founded in 2011, Observable Networks is a privately held company which offers Network Security-as-a-Service on cloud deployments. Thus, Cisco plans to use the technology of Observable Networks cloud-native machine learning techniques for device modeling on its Stealthwatch- a network visibility platform.
By doing so, Cisco plans to boost the visibility and response time of its Stealthwatch on the entire IT landscape businesses, including remote branch offices, data centers, and public cloud environments.
David Ulevitch, Senior Vice President of Cisco’s Security Business Group said that Observable Networks offers businesses the privilege to identify both insider and external threats faster and more accurately in cloud environments. And Cisco wants to leverage this feature into its cloud environments to boost security.
Trade analysts from around the world say that the latest acquisition proves that Cisco is looking to boost its cloud security by buying intellectual property. And the purchase of Observable Networks will help in achieving Cisco’s vision in reality.