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NewsCisco Systems, Inc. Announces Agreement to Acquire Meetinghouse Data Communications, Inc.07.06.06 Meetinghouse provides a client-side 802.1X supplicant security software that allows enterprise customers to restrict network access to only authorized users and/or host devices attempting to gain access to networked resources through both wired and wireless media. When integrated with Cisco's existing security portfolio, Meetinghouse's AEGIS SecureConnect products will enable Cisco to provide a single unified wired and wireless client to enterprise customers that will help them reduce operational costs by simplifying the security management of a broad array of host devices and operating systems. "The growth in the number of cases of unauthorized access to sensitive and confidential information in enterprise networks has increased the need for securing connectivity through robust, easy-to-manage client-based security solutions," said Brett Galloway, vice president and general manager, Wireless Networking Business Unit (WNBU). "The Meetinghouse software supplicant is a natural extension to existing Cisco initiatives such as the Cisco Self Defending Network via Network Admission Control (NAC) and the Cisco Compatible Extensions (CCX) program." Under the terms of this agreement, Cisco will pay approximately $43.7 million in cash and assumed options for Meetinghouse. The acquisition is subject to various standard closing conditions, including applicable regulatory approvals, and is expected to close in the first quarter of Cisco's fiscal year 2007, ending October 28, 2006. Meetinghouse was founded in 1988 and has 77 employees in Portsmouth, NH. Upon close of the transaction, Meetinghouse team and products will be integrated into the WNBU, reporting into Galloway. |
Redwood’s CEO Op-Ed: 2010 – The Year of the Entrepreneur
What can we look forward to after the worst U.S. economic and financial crisis in decades, possibly since the Great Depression? As crazy as it sounds at first, I believe 2010 will be the year of the entrepreneur.
Which Way M&A? Consolidation, Low-Cost Acquisitions May Lie Ahead...
What happens to the fragile digital music space in 2010? The tail end of 2009 witnessed some distressed buyouts, and a number of companies are currently rattling the exit door. According to a recent projection by Redwood Capital Group, a number of low-earning startups could be interesting to larger, more traditional media companies, mostly because of their audiences.
To navigate Greenwich's budget gap, look to proven solutions - By Gregory Bedrosian
In a scene that's being repeated in city halls and state houses across the country, the leadership of Greenwich is doing the hard work of re-crafting the town budget in the face of an extraordinary projected budget shortfall of $31 million. We are part of a great national debate on how to navigate a historic financial and economic crisis. |
