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Cisco to acquire Duo Security to beef up multi-cloud efforts

August 06, 2018 / James Bourne

Here’s a good example of how security underlines – or should underline – pretty much everything in the cloud: Cisco has announced it is to acquire Michigan-based Duo Security for upwards of $2.3 billion (£1.8bn).The deal, which expects to close during the first quarter of Cisco’s fiscal year 2019, aims to help give the networking giant’s customers straightforward and secure access to any application on any networked device through Duo’s platform. Duo Security offers a trusted access platform with two-factor, multi-factor and zero trust authentication. The platform verifies the identity of users by checking the health of their device before granting access to company applications. In a letter to employees, Duo CEO Dug Song cited the traditional reasons why the acquisition made sense – deploying the technology at scale, gaining Cisco’s long-standing enterprise security experience, as well as a nice payoff for shareholders. “This...