Axonius denies rumors it's negotiating a $2B takeover by Cisco

"Cisco is reportedly in advanced talks to acquire Israeli cybersecurity company Axonius for approximately $2 billion, according to sources speaking to Calcalist. The potential acquisition fits into Cisco's broader strategy of investing heavily in strengthening its enterprise security offering in recent years. However, Axonius denies that negotiations are actually taking place. Axonius was previously valued at $2.6 billion and operates in the field of cyber asset management, a market segment that is becoming increasingly important as organizations try to get a grip"

"Since its inception, Axonius has raised nearly $600 million in multiple funding rounds. Investors include Accel, Silver Lake, Bessemer Venture Partners, Iconiq Capital, and Alkeon Capital. In November last year, the company announced a reorganization that resulted in the loss of approximately 100 jobs in Israel and the United States. Axonius previously expanded its technology portfolio with the acquisition of Cynerio, a specialist in securing medical equipment within hospitals."

"Axonius was founded in New York in 2017 by Dean Sysman, Ofri Shur, and Avidor Bartov, all of whom have backgrounds in Israeli elite cyber units. The company focuses specifically on cyber asset attack surface management and positions its platform as a complement to existing security and IT tools, not as a replacement for them. The platform connects to hundreds of data sources, including endpoint security, identity and access management, cloud environments, vulnerability scanners, and network tools,"

Cisco is reportedly in advanced talks to acquire Israeli cybersecurity company Axonius for approximately $2 billion, according to sources speaking to Calcalist. Axonius publicly denies that negotiations are taking place and states it is focusing on autonomous growth. Axonius was previously valued at $2.6 billion and specializes in cyber asset management, a market segment aimed at helping organizations manage their attack surface. A comparable company, Armis, was acquired by ServiceNow for $7.75 billion. Since inception, Axonius has raised nearly $600 million from investors including Accel, Silver Lake, Bessemer Venture Partners, Iconiq Capital, and Alkeon Capital. The company reorganized in November, cutting about 100 jobs, and previously acquired Cynerio to expand its healthcare security offerings.

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