Cisco is buying Duo Security for $2.35B in cash – TechCrunch
Cisco today announced its intent to buy Ann Arbor, MI-based security firm, Duo Security. Under the terms of agreement, Cisco is paying $2.35 billion in cash and assumed equity awards for Duo. Duo Security was founded in 2010 by Dug Song and Jonathan Oberheide and went on to raise $121.M through several rounds of funding.…