Cisco Acquires Kubernetes-Native Security Platform Portshift


Cisco this week announced plans to acquire Kubernetes-native security platform Portshift.

Founded in 2018 and based in Tel Aviv, Israel, Portshift focuses on providing security for Kubernetes and containers, and takes an agentless approach to delivering vulnerability protection across images, containers, and deployments. To date, the company has raised $5.3 million.

The acquisition, Cisco says, falls in line with its approach to ensure that applications, devices, and users leverage secure connections regardless of where they are; and to bring developers, security and infrastructure teams, and operations and SRE teams closer.

The company also notes that the transaction should help it achieve the goal of delivering visibility and actionable insights to customers, and a simplified consumption model that includes cloud-first Secure Access Service Edge (SASE) capabilities, while supporting its commitment to open source and open standards.

“Today, the application security space is highly fragmented with many vendors addressing only part of the problem. The Portshift team is building capabilities that span a large portion of the lifecycle of the cloud-native application,” Cisco said.

Portshift’s 15-member team will bring to Cisco expertise in cloud-native application security, containers, and Kubernetes, thus helping with the delivery of improved security for all phases of the application development lifecycle, the company says.

The acquisition is expected to close in the first half of Cisco’s fiscal year 2021, with the Portshift team joining Cisco’s ET&I group. Terms of the deal were not disclosed, but market sources suggest it could be worth approximately $100 million.

Related: Ivanti Acquires MobileIron, Pulse Secure

Related: CrowdStrike Pushes Zero Trust With $96 Million Acquisition of Preempt Security

Related: Secureworks to Acquire Vulnerability Management Startup Delve Laboratories

view counter

RSS Icon
picture 142

Ionut Arghire is an international correspondent for SecurityWeek.

Previous Columns by Ionut Arghire:
tag iconTags:



Source link

Recent articles

Who Won the Debate? Political Observers Weigh In

Grading on a curve, political experts said President Trump did not hurt himself. But they said neither did Joe Biden, and that may...

Smart sensors could track social distancing in the office

PointGrab developed its technology before the pandemic to help workspace managers optimize how employees use office space. About the size of a smoke...

Welcome to FIFA.com News – Happy 80th birthday to ‘The King’

Today is Pele’s 80th birthday ‘The King’ left an incomparable legacy in...

A Colorado Wildfire Just Climbed Over the Rockies. In October.

Smoke rises from a wildfire in Colorado on Thursday.Photo: David Zalubowski (AP)Every time you think you’ve seen it...

Lifetime Deal: “Master Addons” for Elementor / WordPress

Quickly and easily create your own stunning website with this Master Addons and Elementor for WordPress combo deal. Boost your design creativity today...

Leave a reply

Please enter your comment!
Please enter your name here