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55 Cisco in Talks to Buy AI Security Startup Astrix for at Least $250 Million

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Valida Pau @ The Information · today 17:18 EDT

Cisco in Talks to Buy AI Security Startup Astrix for at Least $250 Million

Cisco Systems is in talks to acquire Astrix Security, a five-year-old Israeli cybersecurity startup that sells software to monitor and secure AI agents, for between $250 million and $350 million, according to people with knowledge of the deal. That would represent at least a 25% premium to the startup’s last valuation of around $200 million, one of the people said.

The deal talks come as the popularity of AI agents—AI software that can take actions on behalf of users on their devices—has exploded in recent

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