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Posted: October 27th, 2022
Cisco’s Acquisition of DUO
Cisco’s Acquisition of DUO
Write a short assertion describing an IT acquisition by a corporation about which you will have information. State whether or not the group believes the acquisition met its aims (e.g., improved the efficiency of the group). State why you consider the acquisition was profitable, unsuccessful, or partially profitable and the principal causes for this end result.
Cisco’s Acquisition of DUO
Acquisitions have gotten extra widespread on this period of globalization as a result of companies have realized the expansion they provide. Most not too long ago, CISCO approached DUO, which is an IT safety firm and acquired it off for over two billion . Beforehand, Cisco had labored with Duo as one of its companions in safety however after some time Cisco discovered that Duo may contribute extra to their progress as an organization. The co-founder of Duo, Tune, says that he and his members have been thrilled to work with Cisco since they’d hoped to get such a possibility the place they’d work with such a big firm (McGrath, 2019). For Duo, they acknowledge that attending to the extent of Cisco would have taken them a few years however now they’ve gotten a lift to the highest of the larder.
I believe the acquisition was a profitable one since each side get to learn. It’s clear nevertheless that Duo will improve the portfolio of Cisco since they’ll have the ability to present the satisfactory safety information for Cisco because it prepares to broaden (Blandin 2018). Duo has had a strict safety tradition the place it employs a two issue authentication course of by means of the use of a password and username which might be despatched to the customers cell phone. The truth that Duo doesn’t belief any person makes their algorithims excellent for a corporation that offers with safety. Cisco will on this case have acquired a lift in its safety programs, making their shoppers discover them reliable. Development for Cisco could also be a clean trip as they transition to extra superior and modern ventures. The acquisition is a bonus as a result of it supplies energy from inside the firm.
References
Blandin, H. (2018). Cisco Acquisition Of Duo Safety Makes Sense. Retrieved from https://seekingalpha.com/article/4194273-cisco-acquisition-duo-security-makes-sense
McHugh, M. (2019). ‘It got here out of the blue’ – Duo Safety founder on $2bn acquisition by Cisco | CRN. Retrieved from https://www.channelweb.co.uk/crn-uk/information/3072965/it-came-out-of-the-blue-duo-security-founder-on-usd2bn-acquisition-by-cisco
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