Cisco may want to acquire Axonius

The acquisition fits into Cisco’s strategy to drastically strengthen its business security portfolio, according to CTECH . 

Axonius, founded in 2017 by veterans of the Israeli intelligence service (Unit 8200), solves a critical problem for large organizations: the “blindness” to digital assets. In a world of hybrid work and cloud applications, IT teams are often unclear exactly which devices and accounts are connected to their network.

Crucial link in security

The Axonius platform acts as a single source of truth. By integrating with more than 300 existing tools, it automatically maps all assets and detects security vulnerabilities, such as missing antivirus software or unauthorized cloud applications.

It’s striking that the proposed acquisition price of $2 billion is lower than the previous valuation of $2.6 billion. Axonius has so far raised $700 million from investors such as Accel and Silver Lake. Although the company officially denies any talks and states it is focusing on independent growth, market developments—such as the recent sale of competitor Armis for $7.75 billion—point to rapid consolidation in the sector.