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Cisco Acquisition Of Sourcefire Clears One Hurdle

Cisco Acquisition Of Sourcefire Clears One Hurdle

Network security platform provider Sourcefire [FIRE] yesterday said the government’s Hart-Scott-Rodino review period for its pending acquisition by information technology network supplier Cisco [CSCO] has been terminated, satisfying one of the conditions for the $2.7 billion transaction to close. The acquisition must still be approved by Sourcefire’s stockholders and is expected to close in the fourth quarter. Cisco said in July it agreed to acquire Sourcefire as part of its efforts to accelerate the offering of more comprehensive security solutions…

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Congress Updates

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