Cisco offers more than $2 million for cybersecurity firm after it loses bid to sell certifications

Oct 28, 2021 Blog

Cisco Systems Inc. said Monday it has agreed to sell a suite of certifications, including computer security, that it acquired in 2013 for $2.6 million.

Cisco, a U.S. technology company with a strong presence in the enterprise, said it has sold a number of certifiers and related services over the years to more than 70,000 clients.

It was a second-round bid that was rejected by the U.K. firm IT Asset Management last year.

Citrix and other cybersecurity companies are increasingly focused on improving the security of networks, which can be particularly difficult in a changing global environment.

Cisco is not alone in offering such certifications.

In the past several years, Cisco has offered to sell some of its certifications to third parties, such as companies that provide security products and services to government and other organizations.

The company has said that its certifying services and other offerings, including its Certified Secure Networking Solutions and the Certified Security Services, have helped more than 15,000 organizations meet cybersecurity needs.

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