Global networking and cybersecurity technology company.
“Astrix Security (16.0x, acquired by Cisco) both cleared above 15x revenue, consistent with the broader trend of enterprise security platforms commanding premiums unavailable in other software categories.”
“Strategic buyers are paying up for cybersecurity scarcity. LayerX and Astrix Security (16.0x, acquired by Cisco) both cleared above 15x revenue.”
“Cisco has acquired Astrix Security, a roughly five-year-old Israeli cybersecurity startup that helps enterprises monitor and control 'non-human identities' such as AI agents, API keys, and automated systems to prevent breaches. The deal is valued at about $400 million.”
AI-extracted from podcast / newsletter / paper summaries. May contain errors.