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Cisco (CSCO) Stock; Steadies as $400M Astrix Acquisition Expands AI Identity Security Push
By Newton Kitonga at 2026-05-05 04:53
Sentiment: Positive
TLDRs; Cisco is acquiring Astrix Security for roughly $400 million to strengthen its growing AI-focused cybersecurity portfolio. The deal targets rising security risks tied to non-human identities, including AI agents, APIs, bots, and service accounts. Cisco plans to integrate Astrix technology into major platforms including Duo, Splunk, and Cisco Identity Intelligence. Growing enterprise AI adoption [...] The post Cisco (CSCO) Stock; Steadies as $400M Astrix Acquisition Expands AI Identity Security Push appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks #AI cybersecurity #Astrix Security #Cisco #Splunk
Source Coin Central