Cisco buying Neohapsis for security brainpower
Cisco Systems plans to expand its security consulting services by acquiring Neohapsis, a small Chicago firm that tells enterprises how to secure their applications.
The Neohapsis acquisition, for an undisclosed sum, is a classic “aqui-hire” intended to bring an experienced team at Neohapsis into the Cisco fold. Neohapsis President and CEO James Mobley and other key players in the 57-employee company came from @stake, a security firm acquired by Symantec in 2004. They will help to run the Cisco Security Services organization under Bryan Palma, who oversees that group and several others within Cisco. The new team should also help to attract more security talent to Cisco, Palma said.