Cisco Buys Cloud Security Shop

NEW YORK (TheStreet) -- Cisco (CSCO Quote) sticks to the acquisition path with a $183 million all-cash purchase of closely held ScanSafe, its third deal in the past month.

ScanSafe makes network-based security software for businesses looking to manage data connections between offices and workers. The company, based in San Francisco and London, was founded in 1999 by two investment banking brothers, Eldar and Roy Tuvey.

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