Cisco Systems (NASDAQ:CSCO): Closing price $20.78
Cisco intends to purchase the privately-held Cognitive Security, headquartered in Prague. The latter is concentrated upon taking cutting edge research in the field of network security, and applying artificial intelligence techniques towards detection of advanced cyber threats. Cognitive Security’s solution joins a range of sophisticated software technologies through which to identify and analyze key information tech security threats via advanced behavioral analysis of real-time data. No financial terms were reported in the press release.
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