Cisco Eyes AI Security Startup Astrix in $350M Deal Amid Market Dip
Cisco Systems' shares edged lower as the networking giant advanced talks to acquire Astrix Security, an AI-focused cybersecurity startup specializing in non-human identity protection. The deal, valued between $250 million and $350 million, underscores escalating corporate demand for tools to secure automated systems as AI adoption accelerates globally.
Astrix's technology addresses a critical gap in enterprise security—managing access for bots, AI agents, and other non-human entities. Its existing enterprise clientele and investor backing reflect the urgency of this emerging attack vector. The potential acquisition signals intensified M&A activity in AI infrastructure security, with major players like Cisco seeking to fortify next-generation digital defenses.
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