Axonius Acquired by Cisco — Technology M&A

Cisco is reported to be in advanced talks to acquire Axonius, an Israeli cybersecurity company focused on device and security posture management, in a deal valued at about $2 billion. The transaction would represent a strategic step for Cisco to expand its enterprise security portfolio, following a period of major acquisitions in the category. Axonius, founded in 2017 and headquartered in New York with operations across Israel and the United States, has previously been valued around $2.6 billion and has raised roughly $700 million from investors including Accel, Silver Lake, Bessemer Venture Partners, Iconiq Capital and Alkeon Capital.

Axonius provides a platform that creates a centralized “single source of truth” for connected assets and security coverage across corporate networks, addressing what it describes as organizational “blind spots” in environments with endpoints, cloud applications and multiple user accounts. The technology integrates with more than 300 security and management tools and is designed to identify gaps in coverage and automatically enforce security policies, including remediation actions such as blocking unauthorized access or applying missing updates. The company has also been active in consolidation, including its acquisition of Cynerio, a healthcare-focused cybersecurity firm, in a reported $180 million deal.

While Axonius has indicated it is not in talks to be acquired by Cisco and emphasized its intent to remain independent, the reported discussions underscore ongoing M&A momentum in cybersecurity asset management and policy enforcement. Details on deal structure, financing, and timing were not confirmed, and no expected close date was provided in the announcement.