Domain name and security solutions provider OpenDNS and networking giant Cisco announced that Cisco would be acquiring OpenDNS for $635 million, all in cash.
“To build on Cisco’s advanced threat protection capabilities, we plan to continue to innovate a cloud delivered Security platform integrating OpenDNS' key capabilities to accelerate that work,” Cisco’s Hilton Romanski posted on the company’s official blog.
OpenDNS, which is still private, has raised $51.3 million in private funding so far, including a $35 million round in May 2014, which Cisco was part of.
OpenDNS will join Cisco’s Security Business Group. The company, founded in 2006, says on its website that it helps 65 million people around the world connect to the Internet “with confidence on any device, anywhere, anytime.”
