Networking giant Cisco has announced plans to acquire Israel-based cloud security solutions provider Lightspin. Israeli media reported that Cisco is set to pay around $200 million — possibly $250 million — for the cloud security firm.
Lightspin’s platform provides infrastructure-as-code (IaC) security, cloud security posture management (CSPM) and Kubernetes security posture management (KSPM), workload scanning, attack path analysis, runtime protection, attack surface discovery, and SOC2 compliance capabilities. According to Cisco, the addition of Lightspin to its cloud security portfolio will enable its customers to “identify, prioritize, and remediate critical cloud security risks without the hassle of extensive configuration requirements”.
Cisco was attracted to Lightspin’s team of experts in cloud security, product development, and SaaS security products. The experienced support for DevOps and DevSecOps with context and tooling will speed up the process of delivering solutions and support needed to prioritize and remediate vulnerabilities across cloud applications and environments.
Lightspin emerged from stealth in late 2020 and has raised a total of $25 million from investors. News of the acquisition comes just weeks after Cisco announced buying cloud security firm Valtix.
Cisco’s acquisition of Lightspin is another example of the demand for cloud security solutions and the need for organizations to protect their data and infrastructure from malicious attacks. This acquisition will help to improve the security capabilities of Cisco’s cloud security portfolio and protect customers from the ever-growing threat landscape.
Key Points:
• Cisco has announced plans to acquire Israel-based cloud security solutions provider Lightspin
• Lightspin’s platform provides infrastructure-as-code (IaC) security, cloud security posture management (CSPM), and workload scanning
• The addition of Lightspin to Cisco’s cloud security portfolio will enable customers to “identify, prioritize, and remediate critical cloud security risks”
• Cisco was attracted to Lightspin’s team of experts in cloud security, product development, and SaaS security products
• Cisco’s acquisition of Lightspin is another example of the demand for cloud security solutions and the need for organizations to protect their data and infrastructure from malicious attacks