Cisco has announced the intent to acquire Portshift, a privately held company based in Tel Aviv, Israel. Portshift is focused on building application security solutions that span a large portion of the lifecycle of cloud-native applications, from development and policy enforcement to vulnerability management and run-time protection.
Portshift’s team brings cloud-native application security capabilities and expertise for containers and service meshes for Kubernetes environments to Cisco, allowing the company to move toward the delivery of security for all phases of the application development lifecycle.
The acquisition of Portshift represents Cisco’s focus on the next wave of innovation by anticipating, investing in and incubating new technologies that we can scale and take to market. Through Cisco’s Emerging Technologies and Incubation (ET&I) group, Cisco incubates and advances new and emerging technologies that address Cisco’s customers’ most challenging enterprise IT issues. Application Security is one of the initial focus areas of ET&I.
“Today, the application security space is highly fragmented with many vendors addressing only part of the problem. The Portshift team is building capabilities that span a large portion of the lifecycle of the cloud-native application. They bring cloud native application security capabilities and expertise for containers and service meshes for Kubernetes environments to Cisco, which will allow us to move toward the delivery of security for all phases of the application development lifecycle.” – Liz Centoni, Senior Vice President, Emerging Technologies and Incubation, Cisco (in a blog post)
When the acquisition closes in the first half of Cisco’s FY21, the Portshift team will join Cisco’s ET&I group.
