alarm:clock

News & Updates - Monday, January 15, 2007

Cisco Overpaid For IronPort with 8x Multiple

[editor's note: we thought the following chart was of interest and posted it attributing it to the Internet Research Group. It was not the a:c's opinion that Cisco over-paid, we were just relaying the IRG's opion. After an accusation of plagarism by euro VC Fred Destin, we are adding another link here to Josh Jaffe at The Deal who linked to the IRG first and did a more lengthy write-up.]IronPort deal leaves anti-spam startups battling Microsoft and Cisco

anti-spam_deals.bmp
The Internet Research Group says that Cisco's $830M purchase of IronPort was generous work by Cisco. Comparing the 8X sales multiple paid by Cisco to other recent anti-spam acquisition multiples suggests Cisco overpaid. IRG concludes it ultimately will depend on how quickly the anti-spam market continues to grow. Either way, it appears Secure Computing got a very good deal for Ciphertrust last year.

Post a comment




Remember Me?


Listen to alarm:clock

alarm:clock © 2004-2010

Swift Internet