Cisco (CSCO) is in Talks to Acquire Astrix Security, The Information Says

Cisco (NASDAQ:CSCO) is one of the 10 Best Performing Dow Stocks So Far in 2026.

On April 11, 2026, The Information reported that Cisco (NASDAQ:CSCO) is in talks to acquire cybersecurity startup Astrix Security for $250 million to $350 million. Persons familiar with the subject stated that conversations were still underway, with no final agreement disclosed.

On April 7, 2026, Cisco (NASDAQ:CSCO) also issued its State of Industrial AI Report, which highlights the growing use of AI in operational environments. About 61% of firms now use AI in live industrial operations, with 20% reporting scaled installations. AI is driving applications such as predictive maintenance, automation, and energy forecasting.

Cisco (NASDAQ:CSCO) stated that infrastructure readiness and cybersecurity dictate scaling capability, with 98% of respondents naming cybersecurity foundational and 40% citing it as their most significant hurdle. The report stated that 97% of respondents expect AI workloads to influence network requirements, and 96% believe wireless connectivity is crucial. The corporation also revealed that 83% of firms intend to expand AI spending, with 87% expecting meaningful results within two years.

Cisco (NASDAQ:CSCO) designs, manufactures, and sells Internet Protocol-based networking devices and services for the communication and information technology industries. The company operates in three geographical segments: the Americas, EMEA, and APJC.

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