The Newswire for Business Lawyers

Cisco To Pick Up ScanSafe In $183M Deal

Law360, New York (October 27, 2009) -- Continuing its October buying spree, Cisco Systems Inc. on Tuesday announced its plan to buy privately held security software company ScanSafe Inc. for about $183 million.

The company said the acquisition — expected to close in the second quarter of 2010 — would build on its position in the fast-growing and lucrative Web-based security market....

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